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default on loan

См. также в других словарях:

  • Loan Modification — A modification to an existing loan made by a lender in response to a borrower s long term inability to repay the loan. Loan modifications typically involve a reduction in the interest rate on the loan, an extension of the length of the term of… …   Investment 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

  • default — ► NOUN 1) failure to fulfil an obligation, especially to repay a loan or appear in a law court. 2) a pre selected option adopted by a computer program or other mechanism when no alternative is specified. ► VERB 1) fail to fulfil an obligation,… …   English terms dictionary

  • default interest provision — A provision in a contract which: • Provides a contractual sanction against non payment of a sum of money; and • Is a form of liquidated damages for that non payment. A default interest provision is nearly always included in an agreement where… …   Law dictionary

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

  • Loan — For other uses, see Loan (disambiguation). Finance Financial markets …   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

  • Loan Credit Default Swap (LCDS) — A type of credit derivative in which the credit exposure of an underlying loan is swapped between two parties. A loan credit default swap s structure is the same as a regular credit default swap, except that the underlying reference entity is… …   Investment dictionary

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