👉 The term "omittance" refers to a situation where an individual or entity does not fulfill their obligations, promises, or commitments. It can refer to a breach of contract, a failure to meet financial obligations, or any other obligation that falls below what is expected or agreed upon. In the context of business and finance, omity can be used in situations where a company fails to deliver on its promises or obligations, such as payment due dates, delivery schedules, or service levels. This could involve
