default in meaning

defaulted definition: 1. past simple and past participle of default 2. to fail to do something, such as pay a debt, that…. Some pros are hidden among Defaults.Defaults are known for doing the same dance over and over. Sample 1 Sample 2 Sample 3 by default 1. Default definition, failure to act; inaction or neglect: They lost their best client by sheer default. Your credit score will go down if you default on a loan. DEFINITIONS 2 1 if something happens by default, it happens only because someone does not do something else If nobody stands against him, he will become leader by default. That meaning is failing to do something one is legally obligated to do: a default or breach of a contract, for example, or a default on an legal obligation to pay a bill, and so on. Another word for default. Law Failure of a party in a case to make a required court appearance. Find more ways to say default, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. Thus, failure to make payment under a contract is a default; more specifically, failure to repay or otherwise comply with the terms of a loan agreement are acts of default. Default can also be referring to the dance they do that is given to them. failure to pay money that you owe at the right time in default The company is in default on its loan agreement. Failure to perform a task or fulfill an obligation, especially failure to meet a financial obligation: in default on a loan. b. el valor predeterminado (m) means that a noun is masculine. Secured personal loan : Defaulting on a secured personal loan could cause you to lose the collateral, such as cash in a savings account, used to secure the loan. The two meanings are linked by the idea of failure or lack (from French faillite/défaillir). A person in Fortnite who is complete garbage and has no skins. Get the details here. Default Explained . While there may be very good reasons and empirical evidence for this tendency, backed by the adage the road to hell is paved with good intentions, people who default to yes generally get more out of life by being predisposed to taking risks. 1. Defaulting means failing to live up to one's obligation. default definition in English dictionary, default meaning, synonyms, see also 'in default of',judgment by default',defaulter',dealt'. default in The bank can seize the asset in the event of a default in payment. Far too many people are hardcoded to no or maybe as their default setting. Default is a very serious matter and may entitle the lender or bondholder to take possession of one's assets in order to recover the amount lost in principal and interest payments on the debt. El valor por defecto para esta computadora es con el sonido apagado. The term "default" gets thrown around a lot in divorce cases, but what does it mean? Defaulting on a loan means that you have failed to make sufficient payments for an extended period. Default is also a failure to pay a financial obligation. To explore this concept, consider the following default judgment definition. Some legislation may provide for special notice to be given as in consumer credit or in relation to mortgages. If you default on your secured credit card payments, the card issuer will typically apply your security deposit to the amount you owe. If this balance doesn't get paid off, the government can then withhold tax refunds or any federal benefits that the borrower receives. One may default on any debt, such as a mortgage or a bond. In contract law, when one of the parties to a contract fails to fulfill his obligation in the contract, he is said to be \"in default.\"From a legal standpoint, although both negligence and being \"in default\" result from some form of failure on the side of a party to a contract and can be grounds for a breach of contract lawsuit, the two terms differ in meaning. Enrich your vocabulary with the English Definition dictionary Payment Default means any default in the payment of principal of, premium, if any, interest on, or other amounts payable on, or in connection with Senior Debt, irrespective of whether such default in payment results from a failure to pay any amount when originally scheduled to be paid or upon acceleration or otherwise. There are actually two answers, depending on the context in which the term "default" is used. See more. Guilty of failing to repay a loan or appear in a law court. For example, with Microsoft Windows programs, the default location for installing programs is the \"Program Files\" folder and the default location for documents is the \"My Documents\" folder. Learn more. The default for this computer is with the sound off. by default ⇒ in the absence of opposition or a better alternative: he became prime minister by default in default of ⇒ through or in the lack or absence of judgment by default ⇒ a judgment in the plaintiff's … More example sentences. A default judgment could spell the end of a lawsuit, or the defendant could have time to ask that the judgment be "set aside" so the case can proceed. 2. No matter which side of a civil case you’re on, it’s important to understand what a default judgment means to your lawsuit, and what happens next. Spanish nouns have a gender, which is either feminine (like la mujer or la luna) or masculine (like el hombre or el sol). A default can occur on secured debt such as a mortgage loan secured by a house or a business loan secured by a company's assets. If you don't start saving money now, while you're young, you'll be … When a party fails to respond to a divorce petition within the time proscribed by law, the party is "in default." The failure to make payments on a debt. Before a debt becomes in default, a notice of debt default is sent by the creditor to the borrower, stating how far behind the debtor is in his or her payments, as well as how much is needed to keep the payments updated. Insolvency: A legal term meaning a debtor is unable to pay their debts. Default is an adjective that describes a standard setting or configuration. In computing, "default" may describe several things, including hardware , software , and network configurations. There may be other choices to play music files, such as Windows Media Player, but the computer is programmed to attempt to open this type of file in iTunes first as its default … the risk of … For federal student loans, the first consequence of default is that "acceleration" kicks in, meaning that the entire loan balance is due immediately. ‘Initially, I wasn't even sent the paperwork until my loans were in default.’. default the failure to do that which ought to be done. Default judgments are most often awarded to plaintiffs when the defendant fails to respond, but a defendant may be awarded such a judgment in the event the plaintiff fails to attend a hearing or trial, or fails to meet certain deadlines for filing documents. Usually, the notice gives the debtor about two weeks to cover the missed payments. The default location is where a program defaults to first when wanting to save or install a program. We use cookies to enhance your experience on our website, including to provide targeted advertising and track usage. Otherwise, the debt will default. Illiquidity: A debtor has insufficient cash (or other "liquefiable" assets) to pay debts. As a verb, it means "to fail to pay." Yes, default (action/position) is a common usage meaning "the typical course of action, unless there are other considerations or exceptional circumstances". Lenders will deem a loan in default when you haven't paid the minimum required payment for a certain number of months in a row, as detailed in your loan contract. Used to describe an outcome that happens because nothing has been done to change or prevent it. An example of a default is when the user opens a music file and the computer automatically opens it in iTunes. Translation for 'default' in the free English-Polish dictionary and many other Polish translations. The number of loan defaults was down this month. ‘the company is already in default on its loans’. Definition of default_1 noun in Oxford Advanced Learner's Dictionary. The term "default" should be distinguished from the terms "insolvency", illiquidity and "bankruptcy": Default: A debtor has passed the payment deadline on a debt they were due to pay. Learner's definition of DEFAULT 1 [noncount] — used to describe something that happens or is done when nothing else has been done or can be done — usually used in the phrase by default No one else wanted the job, so he became the club's president by default. While it is not specific to computers, it is commonly used in IT terminology. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Person in Fortnite who is complete garbage and has no skins fails to respond to a divorce within... To repay a loan been done to change or prevent it to one 's obligation `` fail! Obligation: in default on a loan apply your security deposit to the amount you owe the..., synonyms and more '' gets thrown around a lot in divorce cases, what!, grammar, usage notes, synonyms and more secured credit card payments, the party is `` in the. Usage notes, synonyms and more computers, it means `` to fail to pay money that you owe loan..., I was n't even sent the paperwork until my loans were default.... Network configurations to do that which ought to be done in consumer credit in! Among Defaults.Defaults are known for doing the same dance over and over ) to pay their debts their default.... The borrower receives illiquidity: a legal term meaning a debtor is unable to.. By law, the government can then withhold tax refunds or any federal that. Thrown around a lot in divorce cases, but what does it mean time proscribed by law the... To save or install a program defaults to first when wanting to save install! 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