allow a default

  • 1Default judgment — Civil procedure in the United States Federal Rules of Civil Procedure Doctrines of civil procedure Jurisdiction Subject matter jurisdiction Diversity jurisdiction Personal jurisdiction Removal jurisdiction Venue Change of venue …

    Wikipedia

  • 2Default logic — is a non monotonic logic proposed by Raymond Reiter to formalize reasoning with default assumptions. Default logic can express facts like “by default, something is true”; by contrast, standard logic can only express that something is true or that …

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  • 3default — de·fault /di fȯlt, dē ˌfȯlt/ n [Anglo French defalte defaute lack, fault, failure to answer a summons, from defaillir to be lacking, fail, from de , intensive prefix + faillir to fail] 1: failure to do something required by duty (as under a… …

    Law dictionary

  • 4Default argument — In computer programming, a default argument is an argument to a function that a programmer is not required to specify. A default value is specified when the function is declared and the default value is automatically passed to the function when… …

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  • 5default — 01. They lost their house after [defaulting] on their mortgage. 02. They [defaulted] on their loan, so their credit rating is really bad now. 03. The company has [defaulted] on its payments once again, and is expected to declare bankruptcy. 04.… …

    Grammatical examples in English

  • 6Default (computer science) — A default, in computer science, refers to a setting or value automatically assigned to a software application, computer program or device, outside of user intervention. Such settings are also called presets, especially for electronic devices. The …

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  • 7Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …

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  • 8Universal default — is the term for a practice in the financial services industry for a particular lender to change the terms of a loan from the normal terms to the default terms (i.e. the terms and rates given to those who have missed payments on a loan) when that… …

    Wikipedia

  • 9Event Of Default — An action or circumstance that causes a lender to demand full repayment of an outstanding balance sooner than it was originally due. In many agreements, the lender will include a contract provision covering events of default to protect itself in… …

    Investment dictionary

  • 10Events of default — Contractually specified events that allow lenders to demand immediate repayment of a debt. The New York Times Financial Glossary …

    Financial and business terms