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In finance, default occurs when a debtor has not met its legal obligations according to the debt contract, e.g. it has not made a scheduled payment, or has violated a loan covenant ...
http://en.wikipedia.org/wiki/Default_%28finance%29
Default, as in failing to meet an obligation, may refer to: Default (law) Default (finance) Default, as a result when no action is taken, may refer to:
http://en.wikipedia.org/wiki/Default
de·fault (d-fôlt) n. 1. Failure to perform a task or fulfill an obligation, especially failure to meet a financial obligation: in default on a loan.
http://www.thefreedictionary.com/default
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http://dictionary.reference.com/search?q=Default
An omission; a failure to do that which is anticipated, expected, or required in a given situation. Default is distinguishable from Negligence in that it does not involve ...
http://legal-dictionary.thefreedictionary.com/default
Default. The failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bond indenture.
http://financial-dictionary.thefreedictionary.com/default
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U.S. Department of Educations Collections for Defaulted Student loans Guide - Information about what to do if you are facing loan default.
http://www.ed.gov/offices/OSFAP/DCS/default.html
Please contact the Default Resolution Group at 1-800-621-3115 to process your credit card payment). Student loan borrowers in default now have more options than ...
http://www.ed.gov/offices/OSFAP/DCS/index.html
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Definition of default from the Merriam-Webster Online Dictionary with audio pronunciations, thesaurus, Word of the Day, and word games.
http://www.merriam-webster.com/dictionary/default
This section of FinAid provides information to students who are thinking about defaulting on their federal education loans. It summarizes the consequences of default, gives advice ...
http://www.finaid.org/loans/default.phtml
Default - Definition of Default on Investopedia - 1. The failure to promptly pay interest or principal when due. Default occurs when a debtor is unable to meet the legal obligation ...
http://www.investopedia.com/terms/d/default2.asp
default (plural defaults) The condition of failing to meet an obligation. You may cure this default by paying the full amount within a week. A loss incurred by failing to compete.
http://en.wiktionary.org/wiki/default
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