verb
welsh
WELSH/welʃ/
to fail to honor a debt or promise
The woman welshes on her promise by taking the repaired chair without paying.

Etymology
Probably a disparaging extension of Welsh, reflecting a historical stereotype. That stereotype is not a factual claim about Welsh people.
More examples
- She welshed on a bet and lost her friend's trust.
- Don't welsh on your debt just because your friend forgot.
- They accused the sponsor of welshing on its pledge.
Forms
welsh · welshes · welshed · welshing