Home > Terms > English, UK (UE) > Default

Default

The nonperformance of a duty, whether arising under a contract or otherwise; failure to meet an obligation when due, such as failure to make mortgage payments as agreed to in the terms of the mortgage.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: People Category: Singers

Tata Young

Amita Marie Young (born Su Min Ta Marie Young) better known under her stage name Tata Young, is a Thai singer, model actress and dancer born on ...

Contributor

Featured blossaries

FORMULA 1

Category: Fashion   2 1 Terms

Lisbon, Portugal

Category: Travel   2 2 Terms