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bn:00025849n
Noun Concept
Categories: Credit risk, Loans, Credit, Debt
EN
default  nonpayment  nonremittal  default on a loan  defaulting
EN
Act of failing to meet a financial obligation WordNet 3.0
English:
finance
Definitions
Relations
Sources
EN
Act of failing to meet a financial obligation WordNet 3.0 & Open English WordNet
In finance, default is failure to meet the legal obligations of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity. Wikipedia
Failure to satisfy the terms of a loan obligation or failure to pay back a loan Wikipedia Disambiguation
Failure to meet the legal obligations of a loan Wikidata
IS A
failure
failure
default
HAS KIND
sovereign default
strategic default
DERIVATION
default
DIFFERENT FROM
insolvency
HAS CAUSE
insolvency
SAID TO BE THE SAME AS
demurrage
WordNet 3.0 & Open English WordNet
EN
default, nonpayment, nonremittal
Wikipedia
EN
default (finance)
Wikidata
EN
default
Wikipedia Redirections
EN
financial default, Payment default, technical default
Wikidata Alias
EN
default on a loan, defaulting, defaulting on a loan, financial default, loan default

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