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default, as in failing to meet an obligation, may refer to: Default (law) Default (finance) default, as a result when no action is taken, may refer to: Default (computer science) — also contains consumer electronics usage; Default logic; It may also refer to: Default (band), a Canadian post-grunge and alternative rock band; defaults (software), a command line utility for plist (preference) files
In finance, default occurs when a debtor has not met its legal obligations according to the debt contract, e.g. it has not made a scheduled payment, or has violated a loan covenant (condition) of the debt contract. Default may occur if the debtor is either unwilling or unable to pay their debt.
An omission; a failure to do that which is anticipated, expected, or required in a given situation. Default is distinguishable from Negligence in that it does not involve ...
The current setting or action taken by hardware or software if the user has not specified otherwise. Application programs have numerous defaults that determine everything from the ...
Default. The failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bond indenture.
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