Loss resulting from failure of a debt to be paid.
Synonyms
Examples for "default "
Examples for "default "
1 A forced event of default is therefore unlikely in the short term.
2 Britain is due to leave the EU by default in 11 days.
3 Yet absent an actual default , China is relatively insulated from market gyrations.
4 Consumer groups, however, warn of the high default risks of crowd-funding loans.
5 Credit default swaps must be written down as their market value declines.
1 Coface provides credit insurance to protect companies against potential nonpayment by their customers.
2 The business was evicted from its building for nonpayment of rent.
3 Their nonpayment to Eskom has proved to be the final straw.
4 Tesla is sued by his lawyer for nonpayment of a loan.
5 We all knew the finance company had repossessed Tronstad's original Ford F-350 for nonpayment .
Grammar, pronunciation and more
Translations for nonremittal