defaulted obligation

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• Collateralized debt obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

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• default — to fail to meet an obligation when due, such as paying a debt. Glossary of Business Terms Failure to meet a margin call or to make or take delivery. The failure to perform on a futures contract as required by exchange rules. The CENTER ONLINE… …   Financial and business terms

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• Default — Failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bond indenture. The New York Times Financial Glossary * * * ▪ I. default de‧fault 1 [dɪˈfɒlt ǁ ˈfɒːlt] noun 1. by default… …   Financial and business terms