Default On

Definition: Default On

Default On

Verb

1. Fail to pay up.

Source: WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved.
 

Synonym: Default On

Crosswords: Default On

Business

This does not reflect the actual performance of Polish banks on L/C's, however, and there have been no known cases of default on payment during of the last several years. (references)

Defaulting on obligations became widespread after the financial crisis in Russia in August 1998, giving the impression that the crisis has been used by unscrupulous organizations in Russia as cover to default on all varieties of legal obligations, and to disavow all manner of debts. (references)

Economic History

Brazil

The Central Bank is seeking to streamline the assertion of lender rights in the case of default on a loan. (references)

Zimbabwe

Zimbabwe is currently experiencing an acute hard currency shortage that, among other things, has caused very serious fuel shortages, default on sovereign debt, and a sharp decline in industrial, agricultural and mining operations. (references)

North Korea

Unable to finance its debt through exports that shrank steadily after the worldwide recession stemming from the oil crisis of the 1970s, the D.P.R.K. became the first communist country to default on its loans from free market countries. (references)

Political Economy

Korea

The economy also has been held back by a lack of access to commercial lending stemming from the DPRK's default on its foreign debt, and its inability to obtain loans from international financial institutions. (references)

ECUADOR

In August 1999, the Government of Ecuador announced that it could no longer afford to service its debt and that it would not meet a payment on its Discount Brady Bonds, making Ecuador the first country to default on Brady Bonds. (references)

Trade

Czech Rep

Its export insurance programs provide insurance coverage against the risk of default on foreign receivables. (references)

Source: compiled by the editor from ICON Group International, Inc.; see credits.

Expressions using "default on": default on a debt ♦ default on smth.. Additional references.

Danish

misligholdelse af forpligtelser (default on obligations). (various references)

French

manquement aux obligations (default on obligations), inexécution des obligations (default on obligations). (various references)

Greek 

αθέτηση υποχρεώσεων (default on obligations). (various references)

Hungarian

meg nem tartása vminek (default on sg). (various references)

Japanese Kanji 

債務不履行 (default on a debt). (various references)

Japanese Katakana 

さいむふり�"う (default on a debt). (various references)

Pig Latin

efaultday onay

Russian 

нарушать нарушение (breach). (various references)

Spanish

incumplimiento de obligaciones (default on obligations). (various references)

Turkish

ihmal etmek (be careless, be disregardful of, disregard, fail, forget, leave out, let things slide, neglect, omit, slight). (various references)

Scrabble® Enable2K-Verified Anagrams

-1 letter: flaunted.

-2 letters: default, fadeout, faulted, floated, flouted, lunated, outland, taloned, tenfold.

-3 letters: atoned, autoed, dalton, dental, donate, eluant, enfold, etalon, fantod, feudal, flaunt, fluent, fluted, foaled, foetal, folate, fondle, fondue, fontal, fouled, loafed, loaned, lofted, louden, louted, lunate, lunted, nodule, tolane, unfelt, unfold, unlade, unlead, unload, untold.

-4 letters: adult, afoul, aloft, alone, aloud, anode, anole, anted, atone, daunt, dealt, defat, delft, delta, donut, dotal, eland, fated, fauld, fault, felon, fetal, float, flota, flout, flued, flute, fondu, found, fount, futon, laden, lated, laten, leant, lento, loden, lunet, lutea, luted, naled, nodal, notal, noted, oaten, often, olden, outed, talon, tolan, toled, tonal, toned, tuned, ulnad, ulnae, unfed, unled, unlet.

-5 letters: aeon, alef, aloe, alto, ante, auld, aunt, auto, daft, dale, date, dato, daut, deaf, deal, dean, deft, delf, delt, dent, doat, dole, dolt, dona, done, dote, dual, duel, duet, dune, dunt, elan, enol, etna, fade, fado, fane, fano, fate, faun, feal, feat, felt, fend, feod, feta, feud, flan, flat, flea, fled, floe, flue, foal, fold, fond, font, foul, fuel, fund, lade, land, lane, late, laud, lead, leaf, lean, left, lend, leno, lent, leud, load, loaf, loan, lode, loft, lone, lota, loud, lout, lude, luna, lune, lunt, lute, neat, node, noel, nota, note, nude, odea, olea, tael, tale, teal, tela, tend, toad, toea, toed, tofu, tola, told, tole, tolu, tone, tufa, tule, tuna, tune, ulan, ulna, unde, undo, unto.

+1 letter: outflanked, sulfonated.

+2 letters: fluorinated.

+3 letters: confabulated, undefoliated, unformulated.

+4 letters: feudalization, malfunctioned.

+5 letters: feudalizations, flannelmouthed, foundationless, underinflation.

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