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Default

The condition in which a borrower has failed to meet the obligations of a loan or mortgage.

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default
Internet; Internet communication

The standard setting, predetermined by your computer, that is engaged when the user fails to denote a specific alternative.

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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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Legal services; Family law

If the defendant does not answer the plaintiff's complaint, the plaintiff can finish the case without the defendant's participation by requesting the court to enter a default. ...

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Failure to respond in the prescribed manner within a given period of time. The Respondent in a Petition for Dissolution is said to be in default if he or she failed to respond ...

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The neglect or omission of a legal requirement.

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