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Bookmark or Share- Default: What It Means, What Happens When You Default, and ExamplesDefault is the failure to make required interest or principal repayments on a debt, whether that debt is a loan or a security. Individuals, businesses, and even countries can default on their...
- Delinquency vs. Default: What's the Difference? - InvestopediaThomas Brock. Delinquency vs. Default: An Overview. Delinquency and default are both loan terms representing different degrees of the same problem: missing payments. A loan becomes delinquent...
- Default (finance) - WikipediaThe term "default" should be distinguished from the terms "insolvency", illiquidity and "bankruptcy": Default: Debtors have been passed behind the payment deadline on a debt whose payment was due. Illiquidity: Debtors have insufficient cash (or other "liquefiable" assets) to pay debts.
- DEFAULT Definition & Meaning | Dictionary.comnoun. failure to act; inaction or neglect: They lost their best client by sheer default. Finance. failure to meet financial obligations, as when a borrower misses or stops making monthly loan payments: A default on your mortgage can lead to losing the house.
- DEFAULT | English meaning - Cambridge Dictionarydefault noun (RESULT) [ U ] the thing that exists or happens if you do not change it intentionally by performing an action: Unless something else is agreed, the default is to meet at the hotel at 7.00 p.m. default value The computer will take 0 as the default value, unless you type in something different.
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