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default on a loan

См. также в других словарях:

  • Default (finance) — Finance Financial markets Bond market …   Wikipedia

  • 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

  • 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

  • default — de|fault1 [dıˈfo:lt US ˈfo:lt] n [Date: 1200 1300; : Old French; Origin: defaute, from Vulgar Latin defallere to be lacking, fail ] 1.) by default a) if you win a game, competition etc by default, you win it because your opponent did not play or… …   Dictionary of contemporary English

  • default — 1. noun a) The condition of failing to meet an obligation. He failed to make payments on time and is now in default. b) A loss incurred by failing to compete. You may cure this default by paying the full amount within a week. See Also: by default …   Wiktionary

  • Loan covenant — A loan covenant is a condition in a commercial loan or bond issue that requires the borrower to fulfill certain conditions or which forbids the borrower from undertaking certain actions, or which possibly restricts certain activities to… …   Wikipedia

  • default — I. noun Etymology: Middle English defaute, defaulte, from Anglo French, from defaillir to be lacking, fail, from de + faillir to fail Date: 13th century 1. failure to do something required by duty or law ; neglect 2. archaic fault 3. a failure to …   New Collegiate Dictionary

  • default — de·fault /di fȯlt, dē ˌfȯlt/ n [Anglo French defalte defaute lack, fault, failure to answer a summons, from defaillir to be lacking, fail, from de , intensive prefix + faillir to fail] 1: failure to do something required by duty (as under a… …   Law dictionary

  • Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… …   Wikipedia

  • Loan origination — is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application through disbursal of funds (or declining the application). Loan… …   Wikipedia

  • Default — may refer to: Default (law), the failure to do something required by law Default judgment Default (finance), failure to satisfy the terms of a loan obligation or to pay back a loan Default (computer science), a preset setting or value Default… …   Wikipedia

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