- A failing or failure; omission of that which ought to be
done; neglect to do what duty or law requires; as, this evil has
happened through the governor's default. - Fault; offense; ill deed; wrong act; failure in virtue or
wisdom. - A neglect of, or failure to take, some step necessary to
secure the benefit of law, as a failure to appear in court at a day
assigned, especially of the defendant in a suit when called to make
answer; also of jurors, witnesses, etc.
2 . Default
[ v. i.]
- To fail in duty; to offend. - To fail in fulfilling a contract, agreement, or duty. - To fail to appear in court; to let a case go by
default.
3 . Default
[ v. t.]
- To fail to perform or pay; to be guilty of neglect of;
to omit; as, to default a dividend. - To call a defendant or other party whose duty it is to
be present in court, and make entry of his default, if he fails to
appear; to enter a default against. - To leave out of account; to omit.
Credit default swap Credit default swap is an agreement in which the risk of default of a financial instrument is transferred from the owner of the financial
Credit default swaps Credit default swaps is the financial agreements that permit a bank or other lender to protect itself against credit (default risk) by receiving
Events of defaults Events of defaults is a section contained in most loan agreements listing what actions or omissions by a borrower would represent a
Default-free bonds Default-free bonds is the books with no default risk, such as U.S. government bonds.
Default Default is generally, failure to satisfy an obligation when due, or the occurrence of one of the defined events of default agreed to by the
Default Risk Default Risk is the risk that a borrower may not repay principal and/or interest as originally agreed. It is the chance that the borrower would be unable to pay...
Default Risk Premium Default Risk Premium is the component of a required interest rate that is based on the lenders’ perceived risk of default.