DEFAULT definition and meaning | Collins English Dictionary If a person, company, or country defaults on something that they have legally agreed to do, such as paying some money or doing a piece of work before a particular time, they fail to do it The credit card business is down, and more borrowers are defaulting on loans [VERB + on] The company defaulted on its initial payment of £40 million
defaulted - WordReference. com Dictionary of English to fail to meet financial obligations or to account properly for money in one's care: When he defaulted in his payments, the bank foreclosed on the car Law to fail to appear in court
Defaulted - definition of defaulted by The Free Dictionary Define defaulted defaulted synonyms, defaulted pronunciation, defaulted translation, English dictionary definition of defaulted n 1 Failure to perform a task or fulfill an obligation, especially failure to meet a financial obligation: in default on a loan 2 Law Failure of a party
What does DEFAULTED mean? - Definitions. net This dictionary definitions page includes all the possible meanings, example usage and translations of the word DEFAULTED Did you actually mean default or deep-laid?
defaulted: Explore its Definition Usage | RedKiwi Words 'Defaulted' means to fail to fulfill an obligation, such as repaying a loan or appearing in court It can also refer to a situation where a borrower fails to make timely payments on a debt