Failure to meet the legal obligations of a loan (e.g. by suspending payments)
1 Above all, lenders need assurance that a sovereign borrower will not default on a loan repayment.
2 The statement came hours before Athens was set to default on a loan to the International Monetary Fund.
3 When you take one single individual with perhaps a patchy credit history and unstable employment, the risk of default on a loan is quite high.
4 Talos Capital Ltd sought summary judgment against Joseph Sheehan and John Flynn over what it claimed was "material" default on a loan agreement.
5 If someone you know has defaulted on a loan , that can affect you.
6 Citigroup seized control of EMI in February after its previous private equity owner, Terra Firma, defaulted on a loan .
7 The bank seized control of EMI in February after its previous private equity owner, Terra Firma, defaulted on a loan .
8 But capital controls put in place after Greece defaulted on a loan to international creditors have essentially frozen companies' cash flows and credit.
9 Deutsche Bank took over the 110,000 square-foot casino resort after the previous owner defaulted on a loan in 2008.
10 This section makes no provision that the "person" with whom Nama has reached the agreement must not have defaulted on a loan .
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Translations for default on a loan