About default

In finance, default is failure to meet the legal obligations of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity. A national or sovereign default is the failure or refusal of a government to repay its national debt.

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default

failure to meet the legal obligations of a loan or other financial contract

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About default

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Facts from Wikidata (CC0).

Not who you're looking for? Others named default: 2014 film · Canadian rock band · 2018 film by Choi Kook-hee · song by Atoms for Peace

default across IJR

Ask Genius by OpenServe about default Create in Studio Build a game Watch videos