Default,

Definition of Default:

1. Legal: Failure to do something required under a legislation or as ordered by a court, such as not making an appearance to answer charges.

2. Fail to fulfill an obligation, especially to repay a loan or to appear in a court of law.

3. A default can occur on secured debt such as a mortgage loan secured by a house or a business loan secured by a company's assets. If an individual borrower fails to make timely mortgage payments, the loan could go into default. Similarly, if a business issues bonds—essentially borrowing from investors—and it's unable to make coupon payments to its bondholders, the business is in default on its bonds. A default has adverse effects on the borrower's credit and ability to borrow in the future.

4. Default is the failure to repay a debt including interest or principal on a loan or security. A default can occur when a borrower is unable to make timely payments, misses payments, or avoids or stops making payments. Individuals, businesses, and even countries can fall prey to default if they cannot keep up their debt obligations. Default risks are often calculated well in advance by creditors.

5. Computing: Attribute, option, or value assumed by a computer when a user has not chosen or supplied any. Computers choice is based on how the elements of a software or the settings of a hardware have been arranged by the manufacturer, or customized by the user.

6. A preselected option adopted by a computer program or other mechanism when no alternative is specified by the user or programmer.

7. Failure to fulfill an obligation, especially to repay a loan or appear in a court of law.

8. Borrowing: Failure to meet the terms of a loan agreement. Its two types are (1) Fiscal: Failure to make repayment on the due date. Generally, if a payment is 30 days overdue, the loan is in default. (2) Covenantal: Failure to live up to one or more covenants of the loan agreement such as exceeding the prescribed total borrowings.

9. (of a computer program or other mechanism) revert automatically to (a preselected option).

10. General: Failure to do something required by an agreement, in the performance of a duty, or under a law.

11. Contractual: Failure to comply with the terms of a contract. Most contracts make provisions for handling defaults by including the conditions or procedures for arbitration, compensation, or litigation.

Synonyms of Default

Revert, Non-payment, Failure to pay, Non-remittance, Fail to pay, Not pay, Renege, Fail to honour, Back out, Backtrack, Backslide, AWOL, French leave, Abscondence, Absence, Absence without leave, Absentation, Absenteeism, Absenting, Arrear, Arrearage, Arrears, Back debts, Back payments, Bad debt, Be absent, Be bereaved of, Be caught napping, Be neglectful, Be negligent, Bouncing check, Come up short, Culpa, Culpable negligence, Cut, Day off, Dearth, Decline, Defalcation, Defect, Defection, Defectiveness, Deferred payments, Deficiency, Deficit, Deficit financing, Delinquence, Delinquency, Departure, Dereliction, Disallow, Disappearance, Disconformity, Dishonor, Dishonoring, Disregard, Dollar gap, Drop, Escape, Excused absence, Fail, Fail to appear, Failure, Fall short, Falling short, Fault, Fleeing, Forfeit, Furlough, Gloss over, Go astray from, Holiday, Hooky, Ignore, Imperfection, Inaction, Inadequacy, Inadvertence, Inadvertency, Inattention, Incur loss, Inferiority, Inobservance, Insufficiency, Keep away, Kiss good-bye, Laches, Lack, Laissez-faire, Lapse, Laxity, Laxness, Leave, Leave of absence, Leaving, Let go, Let ride, Let slide, Let slip, Levant, Looseness, Lose, Lose out, Lose sight of, Lose track of, Mislay, Misplace, Miss, Neglect, Neglectfulness, Negligence, Nod, Nonadherence, Nonappearance, Nonattendance, Noncompliance, Nonconformance, Nonconformity, Nondischarge of debts, Nonfeasance, Nonfulfillment, Noninterference, Nonobservance, Nonpayment, Nonperformance, Nonremittal, Nonrestriction, Not care for, Not come, Not get involved, Not heed, Not pay, Not show up, Not think, Omission, Overdraft, Overlook, Overlooking, Oversight, Pass over, Permissiveness, Poor stewardship, Privation, Procrastination, Protest, Protested bill, Refuse to pay, Remissness, Repudiate, Repudiation, Running away, Sabbatical leave, Sacrifice, Short measure, Shortage, Shortcoming, Shortfall, Sick leave, Slackness, Sleep, Slight, Slump, Stop payment, Suffer loss, Take for granted, Truancy, Truantism, Turn up missing, Uncollectible, Underage, Undergo privation, Unexcused absence, Unobservance, Unrigorousness, Vacation, Wander from, Want, Weakness, Welsh

How to use Default in a sentence?

1. When you start a fresh letter the system will default to its own style.
2. It will have to restructure its debts to avoid default.
3. The default in the Microsoft Word program is a font size of 12, margins justified to the left, and a type face of Ariel.
4. When the neighbors were unable to pay their home mortgage because he lost his job, they were in default of the loan.
5. Some had defaulted on student loans.
6. The default is fifty lines.
7. The family has family struggled tremendously to pay its bills in recent years, but now they are going into default on their credit card payments.
8. Defaults can have consequences such as lower of the credit scores, reduced chances of obtaining credit in the future, and higher interest rates on existing debt as well as any new obligations.
9. Defaults can occur on secured debt such as a mortgage loan secured by a house or unsecured debt such as credit cards or a student loan.
10. A default occurs when a borrower is unable to make timely payments, misses payments, or avoids or stops making payments entirely on interest or principal owed.

Default,

Default Definition:

• Violation, especially negligence or breach of legal or contractual obligation.

• Late repayment is a loan or failure to repay the loan, including interest on the guarantee or principal. Default can occur when the borrower fails to pay on time, fails to pay, refuses to pay or stops. Individuals, companies and even countries can decide in advance if they are unable to repay their debts. Lenders usually calculate the default risk.

  • Payment defaults occur when the borrower fails to pay on time, fails to pay, or does not pay interest or payments in full or in part.
  • The default can be on secured loans, such as home mortgages, or unsecured loans, such as credit cards or student loans.
  • Default outcomes may be lower, such as lower credit ratings, lower chances of getting a future loan, and higher interest rates on existing debt and new liabilities.

• Default on a loan or other loan

• Default can be defined as, If you stop repaying the loan, the loan may default. The correct definition of the default depends on the type of loan and the loan service provider.

• Failure of the debtor to pay interest and principal on time on the due date or enforce other provisions of the loan agreement.

• Default means, Violation of any financial obligation. Such violations trigger the rights and treatment of the believer identified in the agreement and in accordance with the law.

Meanings of Default

1. Failure to meet obligations such as: B Debt settlement or court appearance.

2. A pre-selected option that is taken by a computer program or other mechanism if no alternative is specified by the user or programmer.

3. Failure to meet obligations, such as: B. Debt settlement or court appearance.

4. Returns automatically (via a computer program or other mechanism) (selected option)

Sentences of Default

1. You need to restructure your loan to avoid default.

2. Some have fallen behind in their student loans

3. When you start a new card, the system uses its own style by default

Synonyms of Default

miss , offense , inadequacy , dearth , deficiency , oversight , blunder , imperfection , privation , weakness , wrongdoing , insufficiency , disregard , overlooking , slight , omission , vice , nonpayment , fault , delinquency , blemish

Default,

What is The Meaning of Default?

1. Default refers to Failure to comply with timely payment of principal and principal on the due date of the lender or compliance with other terms of the bond, mortgage, lease or agreement.

2. Default definition is: Obligations or breach of promise as stated in the Promise Note and / or Guardian Agreement.

3. Failure to respond to legal action in a timely manner.

Synonyms of Default

error , lapse , shortcoming , transgression , lack , neglect , dereliction , defect

Default,

Default means,

• You can define Default as, Violation, in particular negligence or breach of legal or contractual obligation.

• Default means, Late repayment is failure to repay the loan including interest or principal on the loan or guarantee. Default can occur if the borrower fails to pay on time, fails to pay, refuses to pay or stops. Individuals, companies and even nations can default on their debts. Lenders usually calculate the default risk.

  • Default occurs when the borrower fails to pay on time, fails to pay, or avoids interest or payment, or fails completely.
  • The default can be on a secured loan, such as a secured mortgage, or unsecured loan, such as a credit card or student loan.
  • Failure to do so can result in lower credit, lower chances of getting a term loan, and higher interest rates on existing loans and new obligations.

• Default definition is: Defaults on loans or other debt obligations.

• Definition of Default: If you stop paying off the loan, the loan may default. The correct definition of default depends on the type of loan and the lender.

• Meaning of Default: Default by the debtor in timely payment of interest and principal on the due date or in fulfillment of other provisions of the guarantee agreement.

• Violation of any financial obligation. Violations of a believer's rights and treatment are indicated in the agreement and in accordance with the law.

• Default definition is: Failure of the borrower to pay interest and principal or security, mortgage, lease, contract or other requirements of the contract by the due date.

Meanings of Default

1. Late payments, such as paying off debts or appearing in court.

2. A pre-selected option taken by a computer program or other mechanism if no alternative is specified by the user or programmer.

3. Late payments, for example, when a loan is repaid or presented in court.

Sentences of Default

1. Companies need to restructure their debt to avoid default.

2. If the customer does not comply, resellers may return the goods.

3. When you start a new letter, the system defaults to using its own style.

Synonyms of Default

go back on one's word, bilk, select automatically, break one's promise/word, bilking, welshing

Default,

What is The Meaning of Default?

• Default can be defined as, Violations, especially negligence or breach of legal or contractual obligation.

• James Chen, CMT, is an experienced trader, investment advisor and global market strategist. He is the author of John Wiley & Sons' books on trade and technology trade and has been a visiting researcher at CNBC, Bloomberg TV, Forbes and Reuters, among other financial companies.

  • Payment defaults occur when the borrower fails to make timely payments, fails to make payments, or avoids or fails to pay interest or dues.
  • The default can be on secured loans, such as secured mortgages, or unsecured loans, such as credit cards or student loans.
  • Defaults can have consequences such as lower credit standards, lower chances of getting term loans, and higher interest rates on existing loans and new obligations.

• Definition of Default: Defaulters on loans or other debt obligations.

• You can define Default as, If you stop paying off the loan, the loan may default. The correct definition of default depends on the type of loan and the loan service provider.

• Default can be defined as, Failure of the lender to pay interest and principal on time or failure to comply with other provisions of the guarantee agreement.

• Failure of the lender to pay interest and principal on time as they owe or in compliance with the terms of the bond, mortgage, lease or other agreement.

Meanings of Default

1. Late payments, for example debt repayments or appearing in court.

2. A pre-selected option taken by a computer program or other mechanism unless an alternative is specified by the user or programmer.

3. Late payments, for example debt repayments or appearing in court.

Sentences of Default

1. If the customer does not comply, the seller can get the goods back.

2. When you start a new card, the system defaults to its own style.

Default

breach of a financial obligation. Failure to perform the obligations gives rise to the rights and remedies of the DEBT, as specified in the Contract and in accordance with the law.