default on payments
1default — /dɪ fɔ:lt/ noun 1. a failure to carry out the terms of a contract, especially failure to pay back a debt ♦ in default of payment with no payment made ♦ the company is in default the company has failed to carry out the terms of the contract 2. ♦… …
2default — 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… …
3Default (finance) — Finance Financial markets Bond market …
4default — to fail to meet an obligation when due, such as paying a debt. Glossary of Business Terms Failure to meet a margin call or to make or take delivery. The failure to perform on a futures contract as required by exchange rules. The CENTER ONLINE… …
5Default — Failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bond indenture. The New York Times Financial Glossary * * * ▪ I. default de‧fault 1 [dɪˈfɒlt ǁ ˈfɒːlt] noun 1. by default… …
6default — 1. noun a) The condition of failing to meet an obligation. He failed to make payments on time and is now in default. b) A loss incurred by failing to compete. You may cure this default by paying the full amount within a week. See Also: by default …
7Default trap — The default traps in sovereign borrowing refers to the idea that once a country falls into a default, it is more likely to default again in the future, compared to another country with identical future output ability. The idea of default traps is …
8default — 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.… …
9default — de|fault1 [dıˈfo:lt US ˈfo:lt] n [Date: 1200 1300; : Old French; Origin: defaute, from Vulgar Latin defallere to be lacking, fail ] 1.) by default a) if you win a game, competition etc by default, you win it because your opponent did not play or… …
10default — I UK [ˈdɪˌfɔːlt] / US [dɪˈfɔlt] noun [countable] Word forms default : singular default plural defaults ** the way that something will appear or be done if you make no other choice, especially on a computer Did you change the defaults on your… …
