noun a person who fails to honor a debt or obligation, especially by not paying a bet or wager
verb to fail to honor a debt or obligation, especially by not paying a bet or wager
In history, 'welch' may be used in reference to historical events involving broken treaties or agreements.
In finance, 'welch' is often used in the context of welching on a debt or agreement, meaning to fail to fulfill a financial obligation.
In ethics, 'welch' is associated with breaking a promise or agreement, showing a lack of integrity.
In gambling, 'welch' is used to describe someone who fails to pay a gambling debt or cheats at a game.
In the writing world, 'welch' can be used to describe someone who fails to fulfill a promise or obligation, such as delivering a manuscript on time or paying for services rendered.
Psychologists may use the term 'welch' when discussing trust issues or breaches of contract in therapy or counseling sessions.
A business analyst may use 'welch' in the context of analyzing financial data or contracts to identify instances of non-compliance or dishonest behavior.
Lawyers may use 'welch' in legal proceedings to refer to a party who has failed to honor a contractual agreement or settlement.
Accountants may use 'welch' when auditing financial records to identify discrepancies or instances of fraud.