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DEFAULTTo default is to fail to make a payment on a debt by the due date. If this happens with a credit card, creditors might raise interest rates to the default (or penalty rate) or decrease the line of credit. In case of serious delinquency, the card issuer can even take legal action to enforce payment or to garnish wages.
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DEFAULT1) n. failure to respond to a summons and complaint served on a p...
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DEFAULTThe failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bond indenture. A breach of a covenant. In context of project financing, [..]
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DEFAULTA Java(TM) programming language keyword optionally used after all "case" conditions in a "switch" statement. If all "case" conditions are not matched by the value of the [..]
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DEFAULTA bond is in default when the borrower fails to carry out the terms of the agreement. Failure to pay interest or failure to redeem bonds at maturity are examples of default.
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DEFAULTA computer software setting or preference that states what will automatically happen in the event that the user has not stated another preference. For example, a computer may have a default setting to [..]
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DEFAULTA term that refers to a camera's (or a computer's) factory settings for its functions, features and attributes that can be adjusted (changed to customized settings) by the user but are alway [..]
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DEFAULTFailure to perform what is required or to fulfill an obligation such as the requirements of a grant. Defaulting on a federal grant may require the return of all or a portion of the federal funds disbursed under the grant.
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DEFAULTA failure, specifically the omission or failure to perform a legal or contractual duty.
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DEFAULTearly 13c., "offense, crime, sin," later (late 13c.) "failure, failure to act," from Old French defaute (12c.) "fault, defect, failure, culpability, lack, privation," fro [..]
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DEFAULTThe pre-defined configuration of a system or an application. In most programs, the defaults can be changed to reflect personal preferences.
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DEFAULTa "default" in an action of law occurs when a defendant omits to plead or otherwise defend within the time allowed, or fails to appear at the trial
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DEFAULTAn event stipulated in an agreement as constituting a default. Generally, such events relate to a failure to complete a transfer of funds or securities in accordance with the terms and rules of the sy [..]
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DEFAULTThe failure to meet the terms of a contract.
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DEFAULTFailure to abide by the terms of a mortgage loan agreement. A failure to make mortgage payments, defaulting on the loan, may give cause to the mortgage holder to take legal action to possess (foreclose) the mortgaged property.
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DEFAULTFailure to make mortgage payments regularly or to comply with other requirements of the mortgage.
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DEFAULTFailure by a party to a contract to comply with contractual requirements.
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DEFAULTThe failure to repay a loan in accordance with the terms of the promissory note. Default occurs after 270 days of non-payment on an account for Title IV loan programs.
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DEFAULTFailing to repay a debt as agreed. Defaulting on an obligation can have serious consequences, including but not limited to lawsuits, eviction, collections, derogatory credit history, late fees, auto repossession, wage garnishment, home foreclosure and / or being forced into bankruptcy. When borrowers default on mortgages, lenders must file a Notice [..]
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DEFAULTFailure to meet a payment of interest or principal on a debt or bond. Technically, a borrower does not default. The initiative comes from the lender who declares the borrower is in default.
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DEFAULTIf a person or institution responsible for repaying a loan or making an interest payment fails to meet that obligation on time, that person or institution is in default.If you are default, you may lose any property that you put up as collateral to get the loan. For example, if you fail to repay your car loan, your lender may repossess the car. Defa [..]
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DEFAULTA failure to pay principal of or interest on a bond when due or a failure to comply with other covenant, promise or duty imposed by the bond contract. The most serious event of default, sometimes refe [..]
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DEFAULTFailure to fulfill the terms of a contract. [D04065]
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DEFAULTA Java keyword optionally used after all case conditions in a switch statement. If all case conditions are not matched by the value of the switch variable, the default keyword will be executed.
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DEFAULT1) Failure to file an answer or other response to a summons or complaint in a lawsuit. After a certain period has passed, the plaintiff may ask the court for a default judgment, which means the defend [..]
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DEFAULTFailure to repay a loan. International loans, both by governments and by private agents, lack mechanisms to deal with default, unlike the legal mechanisms that exist within countries.
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DEFAULTA software function or operation which occurs automatically unless the user specifies something else.
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DEFAULT(ANSI) Pertaining to an attribute, value, or option that is assumed when none is explicitly specified.
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DEFAULTThe condition in which a borrower has failed to meet the obligations of a loan or mortgage.
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DEFAULTBreach of a contract or failure to meet a legal obligation. Nonpayment of a mortgage beyond a certain number of payments is considered a default.
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DEFAULTn. The neglect or omission of a legal requirement.
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DEFAULTPertaining to the pre-defined initial, original, or specific setting, condition, value, or action a system will assume, use, or take in the absence of instructions from the user. [From Weik '89]
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DEFAULTFailure to make the mortgage payment within a specified period of time. For first mortgages or first trust deeds, if a payment has still not been made within 30 days of the due date, the loan is considered to be in default.
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DEFAULTDictionary of Computer and Internet Terms This is the default term used to describe a preset value for some option in a computer program. It is used when a setting is not specified by the user. For example, the default font setting in Netscape Communicator is "Times." If you don't go to the Netscape preferences and change it to somet [..]
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DEFAULTA failure by an issuer to pay principal or interest when due, or to fulfill other obligations, such as reporting requirements.
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DEFAULTDefinition Failure to make required debt payments on a timely basis or to comply with other conditions of an obligation or agreement.
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DEFAULTAn act or omission that will result in a claim for duties, taxes, charges or liquidated damages under the FTZ Operator's Bond
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DEFAULTIn the context of corporate bonds a default is a failure on the part of a company to pay interest on a loan, or to be able to repay a loan at full value. Such a failure would normally indicate that th [..]
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DEFAULTA value, option, or setting automatically selected in a hardware or software system in the absence of specific instructions from the user. The default setting may be displayed on the data entry screen [..]
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DEFAULTA value, condition or modifiable choice selection that is selected unless otherwise changed.
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DEFAULTrefers to when a borrower breaks the contractual terms of their loan agreement, whether that be missing a payment date or breaking a rule that was agreed on before the loan was given. If default occur [..]
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DEFAULT[Anglo-French defalte defaute lack, fault, failure to answer a summons, from defaillir to be lacking, fail, from de-, intensive prefix + faillir to fail] 1 : failure to do something required by duty . [..]
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DEFAULTA setting or value automatically assigned to a computer program or device in the absence of a choice made by the user. When you use a program for the first time, e.g. a Browser or Word-processor, all [..]
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DEFAULTA loan is in default when the borrower fails to pay several regular installments on time or otherwise fails to meet the terms and conditions of the loan. For example, a borrower who is 120 days late on a private student loan or 270 days late on federal education loan is considered to be in default. When a borrower is in default the loan becomes due [..]
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DEFAULTThe general failure to perform a legal or contractual duty or to discharge an obligation when due.
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DEFAULTFailure to meet any financial obligation. Default triggers a CREDITOR'S rights and remedies identified in the agreement and under the law.
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DEFAULTA failure to discharge a duty. The term is most often used to describe the occurrence of an event that cuts short the rights or remedies of one of the parties to an agreement or legal dispute, for exa [..]
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DEFAULTFailure to meet legal obligations in a contract, including failure to make payments on a loan. A mortgage is generally considered to be in default when a payment is 30 or more days past due.
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DEFAULT1. The failure to pay interest or principal promptly when due. Default occurs when a debtor is unable to meet the legal obligation of debt repayment. Borrowers may default when they’re unable to make the required payment or are unwilling to honor the debt. Defaulting on a debt obligation can place a company or individual in financial trouble. The l [..]
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DEFAULTFailure to meet an obligation when due or to perform any provision of a lease, mortgage or other agreement.
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DEFAULTFailure to perform on a contract as required by exchange rules, such as the failure to meet settlement variation, a performance bond call, or to make or take delivery.
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DEFAULTFailure to pay principal or interest when due. Defaults can also occur for failure to meet nonpayment obligations, such as reporting requirements, or when a material problem occurs for the issuer, such as a bankruptcy.
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DEFAULTA failure to meet the legal obligations (or conditions) of a loan.
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DEFAULTFailure of the borrower to honor the terms of the loan agreement. Lenders (and the law) usually view borrowers delinquent 90 days or more as in default. Deferred interest
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DEFAULTCommand which is automatically executed if none is specifically indicated.
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DEFAULTThe failure of a bond issuer to meet a payment obligation, either on interest or redemption.
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DEFAULTA failure to discharge a duty. The term is most often used to describe the occurrence of an event that cuts short the rights or remedies of one of the parties to an agreement or legal dispute, for example, the failure of the mortgagor to pay a mortgage installment, or to comply with mortgage covenants.
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DEFAULTThere are two types of default: Debt service default occurs when a borrower fails to make a scheduled payment of interest or principal on a loan. Technical default occurs when a covenant of the loan is violated.
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DEFAULTIn SignalCalc Dynamic Signal Analyzers: A selection automatically used by the system in the absence of a choice made by the user.
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DEFAULTFailure to make payments or otherwise abide by the terms of a financing contract.
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DEFAULTThe failure of a buyer or borrower (or its guarantor) to make contractually due payments, whether of principal or of interest. The term can also refer to a situation where a contractor or exporter is [..]
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DEFAULTWhen a covenant has been broken or an adverse event has occurred. A monetary default occurs when a repayment is not made on time. A technical default occurs when a project parameter is outside d [..]
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DEFAULTFailure to meet the terms of a credit agreement.
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DEFAULTAn event of non-payment, non-timely payment, or a payment not made to the full amount due. In this case, the individual is known to be in default. Normally, lenders charge penalties and higher interes [..]
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DEFAULTA borrower is in default when they fail to meet the terms of their loan agreement, generally based on failure to make timely payments.
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DEFAULToccurs when an obligor fails to make interest or principal payments as previously agreed.
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DEFAULTThe failure to perform an obligation as agreed in a contract.
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DEFAULTFailure to repay or otherwise meet the terms and condition of a loan. Default typically occurs after six months of delinquent payments. Penalties include a bad credit rating, loss of future financial [..]
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DEFAULTFailure to meet debt repayment by a due date. A failure to make loan repayments may result in the mortgage holder taking legal action to repossess the mortgaged property.
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DEFAULTWhen a debtor defaults, it means he or she has done something to violate the terms and conditions of the auto loan, such as failing to make monthly payments on time or at all. Often, this is referred [..]
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DEFAULTAn event or circumstance in which a customer fails to comply with the terms of the lease contract or other agreement. Generally, after an event of default, the finance or leasing company may exercise [..]
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DEFAULTBreaching a credit agreement, usually due to failure to repay based on the terms of the agreement. Delinquency
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DEFAULTDefault, the failure to pay interest or principal according to contractual terms, and occurs when a debtor or a counter-party is unable to make a timely payment or delivery.
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DEFAULTFailure to meet debt repayment by a due date. A failure to make loan repayments may result in the mortgage holder taking legal action to repossess the mortgaged property.
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DEFAULTFailure to make mortgage payments as agreed to in a commitment based on the terms and at the designated time set forth in the mortgage or deed of trust. It is the mortgagor's responsibility to re [..]
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DEFAULTDefault is defined as the failure to make installment payments when they’re due or to meet other terms of the promissory note. If you fail to make your monthly installment payments for 270 days, the l [..]
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DEFAULTThe status of a loan that is not repaid according to the terms of the promissory note. Federal student loans enter default status if payment hasn’t been made in more than 270 days.
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DEFAULTCircumstances which would, with the expiry of any Grace Period, giving of notice or making of any determination by the creditors, be an Event of Default.
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DEFAULTFailure to meet a debt obligation.
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DEFAULTA failure to pay a loan or other debt obligation.
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DEFAULTThe debtor is in default when he fails to pay after maturity despite reminders. If a specific calendar date is fixed for payment, he is in default even without a reminder if he does not pay by this date.
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DEFAULTFailure to repay a credit agreement according to its terms.
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DEFAULTA condition that exists when a borrower cannot repay a loan.
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DEFAULTDefault occurs when someone fails to pay back a loan on time. Defaults carry different penalties based on the defaulter’s loan servicer and the details of the default itself. Defaulting on a loan can [..]
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DEFAULTTakes place if a lessee / borrower does not comply with the terms of the lease. Generally, after a default, the lessor / lender can exercise all of its rights under the lease to repossess the property [..]
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DEFAULTDefault is the failure to promptly pay interest or principal when due.
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DEFAULTWhen the borrower fails to meet the promise of monthly mortgage repayment as per the legally binding contract within a specified time it is known as default.
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DEFAULTis a violation of a promise to pay debt in agreed amounts at agreed times.
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DEFAULTa setting automatically chosen by a program or machine that remains until the user specifies another setting.
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DEFAULTIn legal terminology, default refers to a failure to fulfill a legal obligation or duty. For example, a default by a borrower under a loan agreement permits a lender to take certain actions in respons [..]
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DEFAULTA preset action or setting within computer software or hardware that is automatically used when the user doesn’t specify otherwise.
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DEFAULTA predefined setting built into a program, used when an alternative setting is not specified.
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DEFAULTAn issuer's failure to pay interest on a debt security. Treasury securities are considered default-free.
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DEFAULTThe failure of a borrower to repay according to the terms agreed to when the promissory note was signed.
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DEFAULTFailure to meet the terms of a credit agreement.
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DEFAULTA failure to pay principal of or interest on a bond when due or a failure to comply with any other covenant, promise or duty imposed by the bond contract. The most serious event of default, sometimes referred to as a "monetary" default, occurs when the issuer fails to pay principal, interest, or both, when due. Other defaults, som [..]
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DEFAULTRefers to the inability of a customer to meet the terms of a finance or leasing obligation. May result in repossession of the equipment.
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DEFAULTFailing to pay an amount due by the agreed date
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DEFAULTDefault is failure to comply with the terms of an obligation to such an extent that a judgment has been rendered in favor of a failed institution or, in the case of a secured obligation, when the property on which such obligation is secured is foreclosed.
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DEFAULTWhen you fail to meet the terms or requirements of a signed contract there is a default. For example, not making your scheduled repayments on a loan or not making them on time.
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DEFAULT Failure to fulfill a duty or promise as specified in the Promissory Note and/or Deed of Trust.
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DEFAULTThe failure to make a payment on your mortgage or loan for either the principal or the interest. An account will usually not be listed as “default” until several payments are missed. Defaults can have a very negative effect on your credit report.
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DEFAULTfailure to repay an outstanding student loan.
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DEFAULT(n) loss due to not showing up(n) act of failing to meet a financial obligation(n) loss resulting from failure of a debt to be paid(n) an option that is selected automatically unless an alternative is [..]
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DEFAULTA default setting is one you haven't changed - what a program will do (or use) if you don’t tell it any different. "Accept the defaults" means leave any settings as they are.
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DEFAULTA default setting is one you haven't changed - what a program will do (or use) if you dont tell it any different. "Accept the defaults" means leave any settings as they are.
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DEFAULTThe general failure to perform a promised task or to pay an obligation when due. Some specific examples are (1) Failure to make a payment of principal or interest or other type of financial obligation when due. (2) The breach or failure to perform any of the terms of a note or the covenants of a mortgage or deed of trust.
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DEFAULTThe failure to repay a loan on schedule or to make timely payment of interest. If the borrower defaults, his bank will initiate certain legal actions to recover its money or seize the security pledged [..]
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DEFAULTBreach of a mortgage contract (not making the required payments).
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DEFAULTFailure to fulfill a legal or contractual obligation.
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DEFAULTJudgment by default is when the defendant does not appear in court on the day appointed. The judge gives sentence in favour of the plaintiff, not because the plaintiff is right, but from the default o [..]
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DEFAULTThe settings or configuration of a program before the user changes any options.
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DEFAULTWhen a loan payment is more than a specified number of days late, the loan is considered to be in default. The loan’s promissory note may provide for more aggressive collection activities and penaltie [..]
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DEFAULTThe condition in which a borrower has failed to meet the obligations of a loan or mortgage.
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DEFAULTA failure to respond to a lawsuit within the specified time.
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DEFAULTAn omission of that which ought to be done. Failure to act. Also, failure of the defendant in a civil case to appear and contest the claim.
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DEFAULTFailure to meet legal obligations in a contract; specifically, failure to make the monthly payments on a mortgage. If this happens, you can end up losing the house.
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DEFAULTFailure to appear as required. Usually the failure to appear in court or defend a lawsuit. Default Judgment
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DEFAULT A default is the setting, or value, that a computer program (or system) is given as a standard setting. It is likely to be the setting that 'most people' would choose. For example, the default font on your word processor maybe Times New Roman 10 pitch; unless you change this, it will remain at the default setting. Defaults are used thro [..]
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DEFAULTNot making your payments or abiding by the terms of the lease or buying agreement. If you default on your loan your credit will take a major hit. You want to avoid going into default on any financial obligation you make. There are also Default Fees that can be charged to your account if you don’t make your payments as the lease or loan stipulate.
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DEFAULT This term is used to describe a preset value for some option in a computer program. It is the value used when a setting has not been specified by the user.
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DEFAULTv. incurrir en incumplimiento de pago
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DEFAULTv. estar en condición de incumplimiento de pago
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DEFAULTn. incumplimiento de pago
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DEFAULTOccurs when a defendant does not file the proper response within the time allowed or fails to appear at the trial.
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DEFAULTThe failure to repay an educational/student loan, or the failure to make on-time monthly payments.
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DEFAULTA failure by an issuer to: (i) pay principal or interest when due, (ii) meet non-payment obligations, such as reporting requirements, or (iii) comply with certain covenants in the document authorizing [..]
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DEFAULTfailure to repay a loan in accordance with the terms of the promissory note.
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DEFAULTA Canada Student Loan is considered to be in default when you are behind on your payments for nine or more months and collection action is required. Defaulting on your loan can disqualify you from future student financial assistance and from repayment assistance. If your loan is in default, you will need to ask for Canada Student Loan rehabilitatio [..]
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DEFAULTWhen a federal student loan payment is 270 days delinquent.
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DEFAULTFailure to pay a loan back according to the terms on the promissory note. After 270 days of non-payment on federal student loans, it's reasonable to assume that the borrower no longer plans to honor the obligation to repay. Do not mess with this. Defaults are reported to credit bureaus marking you as a bad credit risk, making it very hard to g [..]
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DEFAULTDefault is the failure to repay a loan according to the terms the borrower agreed to when signing the promissory note for the loan. Default occurs after a predetermined number of days of nonpayment th [..]
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DEFAULTFailure to repay a loan according to the terms agreed to in the promissory note. For most federal student loans, you will default if you have not made a payment in more than 270 days. You may experience serious legal consequences if you default.
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DEFAULTYour failure to meet one or more conditions of your lease agreement. Default may result in early termination of the lease.
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DEFAULTFailure to repay a loan or otherwise meet the terms of your credit agreement.
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DEFAULTBreaching the terms of a loan agreement, most often due to the failure to repay.
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DEFAULTFailure to repay a loan or meet the terms of a credit agreement.
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DEFAULTYour failure to meet one or more conditions of your lease agreement. Default may result in early termination of the lease.
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DEFAULTThe basic model is shown by default; other models may increase the cost estimate.
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DEFAULTthe "normal" or "startup" state of a hardware device or software application.
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DEFAULTmeans you have not met your obligations under the credit contract, for example, you have missed a repayment or not complied with other terms of your contract e.g. insurance.
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DEFAULTManufacturers' factory settings for hardware or software that can usually be overriden and then returned to the safety of default settings should problems occur.
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DEFAULTA mode, or group of modes, that a point-and-shoot always returns to after settings are changed for a particular shot or roll.
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DEFAULTThe generic factory options that come set out-of-the-box on point and shoot camera. Generally enable to user to take the best possible image with the least amount of intervention.
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DEFAULTA borrower defaults on his obligations when he fails to make a required payment of principal or interest at a specified time.
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DEFAULTFailure to meet the terms of a credit agreement.
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DEFAULTNon-payment by the borrower of installments due under the loan agreement as they become due, or failure to fulfil any other term or condition of the agreement.
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DEFAULTFailure to meet legal obligations in a contract; for example, failure to make the monthly rent payments due on a lease.
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DEFAULTA failure to respond to a lawsuit within the specified time.
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DEFAULTFailure of a debtor to make timely payments of interest and principal as they come due or to meet some other provision of a bond indenture.
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DEFAULTContract provision(s) specifying conditions for breach or failure to comply with the terms of the agreement, e.g., to pay for products or services.
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DEFAULTA value chosen for you if you don't supply a value of your own.
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DEFAULTOccurs when a defendant fails to respond to the plaintiff's complaint within the time allowed, or fails to appear at the trial. The court may then enter a default judgment
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DEFAULTWhen a defendant in a civil case does not file an answer or other response with the court or go to court when they are supposed to, after being properly notified. This is called being "in default [..]
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DEFAULTA default in an action occurs when a defendant fails to appear at the trial allowing the plaintiff to win.
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DEFAULTThe failure to promptly pay interest or principal when due, or to abide by other terms of a loan agreement.
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DEFAULTFailure to perform an act legally required, especially failure on the part of a defendant to give notice of intention to take part in legal proceedings.
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DEFAULTA default in an action occurs when a defendant fails to appear at the trial allowing the plaintiff to win.
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DEFAULTA failure of the defendant to file the appropriate papers within the time allowed or to appear in court during a scheduled hearing.
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DEFAULT1) n. failure to respond to a summons and complaint served on a party in the time required by law. If a legal answer or other response is not filed, the suing party (plaintiff) can request a default b [..]
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DEFAULT A “default” in an action at law occurs when a Defendant fails to appear at the trial or to plead within the time allowed. Typically, when a Defendant defaults, the court enters an order in favor of t [..]
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DEFAULTA failure to respond to a lawsuit within the specified time.
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DEFAULTFailure to pay a fine by the agreed payment terms.
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DEFAULTA value
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DEFAULTFailure to meet any financial obligation. Default triggers a creditor's rights and remedies identified in the agreement and under the law.
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DEFAULTFailure to meet the terms of a credit agreement.
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DEFAULTGenerally, failure to satisfy an obligation when due, or the occurrence of one of the defined events of default agreed by the parties under a contract.
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DEFAULTFailure to make payments on a timely basis or to comply with other conditions of a loan. Defaults are reported to national reporting agencies, which may affect future creditworthiness.
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DEFAULTFailure to make instalment payment as stated in the loan or financing agreement.
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DEFAULTFailure to pay the monthly instalment to Islamic banking institutions when due.
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DEFAULTA status assigned to a cardholder if he or she fails to perform or conform to all the items listed in the cardholder agreement.
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DEFAULTFailure to meet the terms of a credit agreement.
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DEFAULTWhen a debtor fails to meet principal or interest payments on the due date of their debt.
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DEFAULTThe failure of a defendant to file an answer or appear in a civil case within the prescribed time after having been properly served with a summons and complaint. The tribunal hearing the case can ente [..]
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DEFAULTThe failure to meet the conditions of repayment of a student loan. Students may be ineligible to receive federal financial aid when in default.
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DEFAULTFailing to meet the terms of the credit agreement such as not making the agreed payments on time.
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DEFAULTA material failure or inability to provide contracted services due to financial insolvency.
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DEFAULTFailure to meet legal obligations in a contract, specifically, the failure to make payments on a mortgage. A violation of a covenant associated with a loan.
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DEFAULTmeans a material failure or inability to provide contracted services due to financial insolvency.
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DEFAULTSelections predetermined by the computer or an application on the computer in the absence of specific selections made by the user.
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DEFAULTThe failure of a defendant to file an answer or appear in a civil case within the prescribed time after having been properly served with a summons and complaint.
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DEFAULTFailure to meet any obligation or term of a credit, grant, or contract agreement that causes the lender to accelerate demand on the borrower because of the severity of the borrower's breach of th [..]
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DEFAULTFailure to repay a loan according to the terms agreed to in the master promissory note. For most federal student loans, default will occur if no payment has been made in more than 270 days (unless the borrower has requested & received a deferment or forbearance). Borrowers may experience serious legal consequences if they default; borrowers hav [..]
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DEFAULTIdentifies a situation in which a party has stated that it cannot honour its debts and/or pay the corresponding interest.
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DEFAULTWhen a borrower fails to make loan payments, the loan may be considered to be in "default."
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DEFAULTFailure to repay a student loan according to the agreed-upon terms of a promissory note. Student loan default has serious consequences- the default will be reported to credit bureaus which will possibly damage your credit rating, you will lose any options to defer future monthly payments, your federal and state tax refunds can be seized, you can be [..]
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DEFAULTFailure to repay a loan according to the terms agreed to in the promissory note. You may experience serious legal consequences if you default.
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DEFAULTFailure to repay or otherwise meet the terms and conditions of a loan. For most student loans, it takes six months of delinquent payments for a loan to go into default. The penalties for defaulting in [..]
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DEFAULTOccurs after 6 months, when a borrower fails to pay or meet other loan conditions. Can lead to bad credit, loss of future financial aid, withholding of tax refunds, etc.
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DEFAULTA loan is in default when the borrower fails to pay several regular installments on time, or otherwise fails to meet the terms and conditions of a loan. If you default on a loan, legal action may be t [..]
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DEFAULTfailure to make loan payments or otherwise honor a loans terms.
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DEFAULTThe negative status you receive if you are delinquent on your loan repayment. Default is usually conferred after four to six months of not making payments. There are serious consequences if you defaul [..]
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DEFAULTFailure to repay a loan according to the terms agreed to when the borrower signed a promissory note for the loan. Default occurs at 180 days when the delinquency date is prior to 10/7/98, and 270 days when the delinquency date is on or after 10/7/98.
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DEFAULTA loan is in default when the borrower fails to pay several regular installments on time (i.e., payments overdue by 180 days) or otherwise fails to meet the terms and conditions of the loan. If you de [..]
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DEFAULT failure to make loan payments or otherwise honor a loan's terms.
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DEFAULTFailure to repay a loan according to the terms agreed to in the promissory note. For most federal student loans, you will default if you have not made a payment in more than 270 days. You may experience serious legal consequences if you default.
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DEFAULTFailure to repay a loan according to the terms agreed to in the promissory note. For most federal student loans, you will default if you have not made a payment in more than 270 days. You may experien [..]
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DEFAULTIf you make no payments for 270 days on your federal loans and are not in your grace period, or if you otherwise fail to meet the terms and conditions of your loan, you're legally in default on your federal loan agreement. In this case, your lender can declare the entire amount you owe -- including interest -- as immediately due and payable. I [..]
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DEFAULTFailure to repay a loan according to the terms agreed to in the promissory note which could result in legal consequences.
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DEFAULTFailure to repay a loan according to the terms of the promissory note. For a loan repayable in monthly installments, a loan is in default after 270 days of no payment.
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DEFAULTFailure to repay a debt according to the repayment terms a borrower agreed to in a promissory note.
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DEFAULT When a borrower fails to abide by the terms of a loan by not making payments for a specified period of time.
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DEFAULTFailure to repay or otherwise meet the terms and condition of a loan. Default typically occurs after six months of delinquent payments. Penalties include a bad credit rating, loss of future financial [..]
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DEFAULTFailure to repay a student loan according to the terms of a promissory note signed by the student. The organization that holds the loan (the state or the federal government) can take actio [..]
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DEFAULTFailure to repay a loan in accordance with the terms of the promissory note.
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DEFAULTA loan is in default when the borrower fails to pay a regular installment on time or otherwise fails to meet the terms and conditions of the loan. If you default on a loan, the university, the holder [..]
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DEFAULTFailure to fulfill the terms as agreed to in the mortgage of note.
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DEFAULTIf a student loan borrower doesn't make payments for 270 days, he or she is considered in default. The federal government takes over collection of their student loan. This isn't pretty! If you default, your school, the organization that holds your loan, the state, and the federal government can all take action to recover the money, includ [..]
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DEFAULTDefault is the failure to repay your loan according to the terms. It may lead to legal action to recover the money and can negatively affect your credit rating. Private student loans are considered to [..]
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DEFAULTA loan is in default when the borrower fails to pay several regular installments on time or otherwise fails to meet the terms and conditions of the loan. Defaulting on a government loan will make you [..]
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DEFAULTThe failure to repay a loan in accordance with the terms of the promissory note. If a borrower doesn't make a loan payment for over 180 days they are considered to be in default.
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DEFAULTThis refers to non-payment or late payment of loan installments or failure to meet the terms and conditions of the loan. Typically, payments are considered “past-due” after 180 days. Lenders are ent [..]
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DEFAULTWhen a federal student loan payment is 270 days delinquent or when the borrower fails to meet other terms of the promissory note Deferment
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DEFAULTFailure to repay a loan according to the terms agreed to when you signed a promissory note. Default may also result from failure to submit requests for deferment or cancellation on time.
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DEFAULTFailure to make mortgage payments on a timely basis or to comply with other requirements of a mortgage.
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DEFAULTThe failure of a borrower to make and installment payment when due, or to meet other terms of the promissory note or when it can be concluded that the borrower no longer intends to honor the obligation to repay.
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DEFAULTFailure to repay a loan according to the terms agreed to in the Master Promissory Note. Federal student loan default occurs after 270 days of no payments made, unless the borrower has been granted def [..]
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DEFAULT1) n. failure to respond to a summons and complaint served on a party in the time required by law. If a legal answer or other response is not filed, the suing party (plaintiff) can request a default b [..]
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DEFAULTFailure to make mortgage payments on a timely basis or to comply with other requirements of a mortgage.
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DEFAULTThe failure of a party to make payment of interest or principal on a debt security when due.
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DEFAULTThe inability of a trading firm to meet its trading commitments.
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DEFAULTA bond is in default when the borrower has failed to live up to the obligations under the terms of the agreement. Examples of this are declining to pay interest or sinking fund payments or failure to [..]
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DEFAULTFailure to make mortgage payments as agreed to in a commitment based on the terms and at the designated time set forth in the mortgage or deed of trust. It is the mortgagor’s responsibility to remembe [..]
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DEFAULTFailure to meet legal obligations in a contract, specifically, failure to make the monthly payments on a loan.
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DEFAULTFailure to make a loan repayment by a specified date.
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DEFAULTFailure to fulfill contractual obligations.
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DEFAULTFailure to make loan payments on a timely basis or to comply with other requirements of a mortgage.
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DEFAULTFailure to meet legal obligations in a contract. Specifically, failure to make the monthly payments on a mortgage.
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DEFAULTfailure to make good on a promise, such as failure to make payments on a note or to live up to the terms of a contract.
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DEFAULTFailure to fulfill an obligation or promise, or to perform specific acts.
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DEFAULTThe failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bond indenture. A breach of a covenant. In context of project financing, [..]
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DEFAULTDefault may refer to:
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DEFAULTIn law, a default is the failure to do something required by law or to appear at a required time in legal proceedings.
In the United States, for example, when a party has failed to file meaningful res [..]
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DEFAULTIn finance, default is failure to meet the legal obligations (or conditions) of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay [..]
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DEFAULTIn finance, default is failure to meet the legal obligations (or conditions) of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay [..]
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DEFAULTA default, in computer science, refers to the preexisting value of a user-configurable setting that is assigned to a software application, computer program or device. Such settings are also called pre [..]
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DEFAULTDefault was a Canadian hard rock/post-grunge band from Vancouver, British Columbia. Since forming in 1999 it had released four albums, and had sold more than a million records. The majority of their f [..]
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DEFAULT"Default" is a 2012 single by the English supergroup Atoms for Peace. It was released as a digital download on 10 September 2012 and on 12" vinyl on 4 December 2012. This was the first [..]
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DEFAULT"Default" is a song by British rock band Django Django. The song was released on 16 January 2012.
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DEFAULTDefault may refer to:
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DEFAULTFailure to fulfill an agreed-upon financial obligation, such as making a loan payment.
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DEFAULTlate 14c., "be lacking, be missing," also "become weak," from default (n.). Related: Defaulted; defaulting.
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