Understanding defaulted requires examining multiple perspectives and considerations. DEFAULTED | English meaning - Cambridge Dictionary. DEFAULTED definition: 1. past simple and past participle of default 2.
In relation to this, to fail to do something, such as pay a debt, that…. DEFAULT Definition & Meaning - Merriam-Webster. The meaning of DEFAULT is failure to do something required by duty or law : neglect. Default Definition & Meaning | Britannica Dictionary. He defaulted on his loan (payments). In this context, if the borrower defaults, the bank can take the house.
Defaulted - definition of defaulted by The Free Dictionary. Furthermore, defaulted synonyms, defaulted pronunciation, defaulted translation, English dictionary definition of defaulted. Failure to perform a task or fulfill an obligation, especially failure to meet a financial obligation: in default on a loan.
Law Failure of a party... meanings, etymology and more | Oxford English Dictionary. There are three meanings listed in OED's entry for the adjective defaulted, one of which is labelled obsolete. Similarly, see ‘Meaning & use’ for definitions, usage, and quotation evidence.
What does DEFAULTED mean? Information and translations of DEFAULTED in the most comprehensive dictionary definitions resource on the web. Equally important, defaulted: Explore its Definition & Usage | RedKiwi Words. 'Defaulted' means to fail to fulfill an obligation, such as repaying a loan or appearing in court. Additionally, it can also refer to a situation where a borrower fails to make timely payments on a debt. Default: What It Means, What Happens When You Default, and Examples.
Default occurs when scheduled payments of interest or principal on a debt are not made according to the agreed terms, whether that debt is a loan or a security. Individuals, businesses, and even... default - 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. 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.
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