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to default on a payment

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См. также в других словарях:

  • default — the failure by an entity to abide by the covenants in a debt obligation or other agreement to which it is a party. The most common default is non payment of interest or principal (Glossary of Common Bankruptcy Terms) failure to pay or otherwise… …   Glossary of Bankruptcy

  • default — [n] failure; want absence, blemish, blunder, dearth, defect, deficiency, delinquency, dereliction, disregard, error, fault, imperfection, inadequacy, insufficiency, lack, lapse, miss, neglect, nonpayment, offense, omission, overlooking, oversight …   New thesaurus

  • 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·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

  • 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 notice — Under regulations under the Consumer Credit Act 1974, where a debtor or hirer defaults under a regulated credit or hire agreement, the trader must send to the customer a default notice giving the customer at least seven days notice before taking… …   Law dictionary

  • default — [dē fôlt′, difôlt′] n. [ME < OFr defaute < VL * defallita, pp. of * defallere, to lack < L de , away + fallere, to FAIL] 1. failure to do something or be somewhere when required or expected; specif., a) failure to pay money due b)… …   English World dictionary

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

  • Default — 1. The failure to promptly pay interest or principal when due. Default occurs when a debtor is unable to meet the legal obligation of debt repayment. Borrowers may default when they are unable to make the required payment or are unwilling to… …   Investment dictionary

  • payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it …   Financial and business terms

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