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to default on one's obligations

См. также в других словарях:

  • failure to meet one's obligations — index default Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • disregard one's obligations — index default Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • ignore one's obligations — index default Burton s Legal Thesaurus. William C. Burton. 2006 …   Law 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

  • OBLIGATIONS, LAW OF — This law is concerned with the rights of one person as against those of another (jus in personam), as distinguished from the law of property, which is concerned with a person s rights in a chattel or other property as against the world at large… …   Encyclopedia of Judaism

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

  • default — /di fawlt /, n. 1. failure to act; inaction or neglect: They lost their best client by sheer default. 2. failure to meet financial obligations. 3. Law. failure to perform an act or obligation legally required, esp. to appear in court or to plead… …   Universalium

  • default — /dəˈfɔlt / (say duh fawlt) noun 1. failure to act; neglect. 2. failure to meet financial obligations. 3. Law failure to perform an act or obligation legally required, especially to appear in court or to plead at a time assigned. 4. failure to… …  

  • 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

  • Credit Default Contract — Security with a risk level and pricing based on the risk of credit default by one or more underlying security issuers. Credit default contracts include credit default swaps (CDSs), credit default index contracts, credit default options and credit …   Investment dictionary

  • cross default — Provision in the loan documents in which the debtor agrees that default on one loan will also constitute default on other obligations to the creditor. American Banker Glossary …   Financial and business terms

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