default

Definitions

1. General: Failure to do something required by an agreement, in the performance of a duty, or under a law.

2. Borrowing: Failure to meet the terms of a loan agreement. Its two types are (1) Fiscal: Failure to make repayment on the due date. Generally, if a payment is 30 days overdue, the loan is in default. (2) Covenantal: Failure to live up to one or more covenants of the loan agreement such as exceeding the prescribed total borrowings.

3. Computing: Attribute, option, or value assumed by a computer when a user has not chosen or supplied any. Computer's choice is based on how the elements of a software or the settings of a hardware have been arranged by the manufacturer, or customized by the user.

4. Contractual: Failure to comply with the terms of a contract. Most contracts make provisions for handling defaults by including the conditions or procedures for arbitration, compensation, or litigation.

5. Legal: Failure to do something required under a legislation or as ordered by a court, such as not making an appearance to answer charges.

Use 'default' in a Sentence

The family has family struggled tremendously to pay its bills in recent years, but now they are going into default on their credit card payments.

The default in the Microsoft Word program is a font size of 12, margins justified to the left, and a type face of Ariel.

When the neighbors were unable to pay their home mortgage because he lost his job, they were in default of the loan.

单词	a default
释义	default Definitions 1. General: Failure to do something required by an agreement, in the performance of a duty, or under a law. 2. Borrowing: Failure to meet the terms of a loan agreement. Its two types are (1) Fiscal: Failure to make repayment on the due date. Generally, if a payment is 30 days overdue, the loan is in default. (2) Covenantal: Failure to live up to one or more covenants of the loan agreement such as exceeding the prescribed total borrowings. 3. Computing: Attribute, option, or value assumed by a computer when a user has not chosen or supplied any. Computer's choice is based on how the elements of a software or the settings of a hardware have been arranged by the manufacturer, or customized by the user. 4. Contractual: Failure to comply with the terms of a contract. Most contracts make provisions for handling defaults by including the conditions or procedures for arbitration, compensation, or litigation. 5. Legal: Failure to do something required under a legislation or as ordered by a court, such as not making an appearance to answer charges. Use 'default' in a Sentence The family has family struggled tremendously to pay its bills in recent years, but now they are going into default on their credit card payments. The default in the Microsoft Word program is a font size of 12, margins justified to the left, and a type face of Ariel. When the neighbors were unable to pay their home mortgage because he lost his job, they were in default of the loan.
随便看	negotiating bank negotiation negotiation credit negotiation of a bill neighborhood neighborhood store neighboring rights neighbor rule Nelson Index neo classical economics neoclassical economics neoclassical growth theory neo-liberalism nephrotoxin nepotism nested net NET 10/30 net 30 net accounts receivable net adjusted present value net advantage of refunding net advantage to leasing net advantage to leasing (NAL) net advantage to merging