Dishonor

The action of refusing to fulfill contractual obligations or pay a charge. Dishonoring a transaction can occur if a seller does not deliver the goods or when the buyer does not provide payment. In contracts, a party may dishonor the agreement by altering the specifications, delivering late payment or goods, or failing to act on their required duties.

When a party has broken an agreement or promise, they are said to be dishonored. In most cases, dishonoring a contract may result in the other party terminating its obligations.

For example, let's say you pay a monthly fee for a telephone service. If you were unhappy with the service and refused to pay the fee, you would be dishonoring the contract. The phone company will likely cut off your service (terminating your contract) until you produce payment.


Investment dictionary. . 2012.

Synonyms:

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  • dishonor — dis·hon·or 1 n: refusal on the part of the issuer (as a bank) to pay or accept commercial paper (as a check) when it is presented see also wrongful dishonor dishonor 2 vt: to refuse to pay or accept a bank dishonor ing the checks for insufficient …   Law dictionary

  • Dishonor — Dis*hon or (d[i^]s*[o^]n [ e]r or d[i^]z*[o^]n [ e]r), v. t. [imp. & p. p. {Dishonored} (d[i^]s*[o^]n [ e]rd or d[i^]z*[o^]n [ e]rd); p. pr. & vb. n. {Dishonoring}.] [OE. deshonouren, F. d[ e]shonorer; pref. d[ e]s (L. dis ) + honorer to honor,… …   The Collaborative International Dictionary of English

  • Dishonor — Dis*hon or (d[i^]s*[o^]n [ e]r or d[i^]z*[o^]n [ e]r), n. [OE. deshonour, dishonour, OF. deshonor, deshonur, F. d[ e]shonneur; pref. des (L. dis ) + honor, honur, F. honneur, fr. L. honor. See {Honor}.] [Written also {dishonour}.] [1913 Webster]… …   The Collaborative International Dictionary of English

  • dishonor — [n] state of shame abasement, abuse, affront, blame, degradation, discourtesy, discredit, disesteem, disfavor, disgrace, disrepute, ignominy, indignity, infamy, insult, obloquy, odium, offense, opprobrium, outrage, reproach, scandal, slight;… …   New thesaurus

  • dishonor — [dis än′ər] n. [ME deshonour < OFr deshonor: see DIS & HONOR] 1. a) loss of honor, respect, or reputation b) state of shame; disgrace; ignominy 2. a person, thing, or action that brings dishonor; discredit 3 …   English World dictionary

  • dishonor — n *disgrace, disrepute, shame, infamy, ignominy, opprobrium, obloquy, odium Analogous words: humiliation, humbling, debasement, degradation, abasement (see corresponding verbs at ABASE): *stigma, brand, blot, stain Antonyms: honor Contrasted… …   New Dictionary of Synonyms

  • dishonor — {{11}}dishonor (n.) c.1300, from O.Fr. deshonor (12c.); see DISHONOR (Cf. dishonor) (v.). {{12}}dishonor (v.) mid 13c., from O.Fr. deshonorer (12c.), from L.L. dishonorare (reformed from classical L. dehonestare), from dis opposite of (see DIS… …   Etymology dictionary

  • dishonor — I noun 1. a state of shame or disgrace (Freq. 1) he was resigned to a life of dishonor • Syn: ↑dishonour • Ant: ↑honor • Derivationally related forms: ↑ …   Useful english dictionary

  • dishonor — dishonorer, n. /dis on euhr/, n. 1. lack or loss of honor; disgraceful or dishonest character or conduct. 2. disgrace; ignominy; shame: His arrest brought dishonor to his family. 3. an indignity; insult: to do someone a dishonor. 4. a cause of… …   Universalium

  • dishonor — dis|hon|or1 [ dıs anər ] noun uncount FORMAL the fact that people no longer respect you because of something bad you have been involved in: bring dishonor on/upon: What she had done had brought dishonor on the whole family. dishonor dis|hon|or 2… …   Usage of the words and phrases in modern English

  • dishonor — n. 1) to bring dishonor on, to 2) a dishonor to …   Combinatory dictionary

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