defaulter

Meanings

• noun

  A person or organization that has failed to fulfill an obligation, especially the repayment of a debt.

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Rhymes

Words rhyming with defaulter
delighter , falter , alter , patter

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Homonyms

Words having the same spelling or pronunciation but different meanings and origins

1. default (en) : To fail to perform or fulfill an obligation or promise.
   

2. defaulter (en) : A person or organization that has failed to fulfill an obligation.
   

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Homophones

Words having the same pronunciation but different meanings, origins, or spelling,

1. defender
   

2. deflector
   

3. defiant
   

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Variants

List of all variants of defaulter that leads to same result
default , defaulted , defaulter , defaulters , defaulting , defaults

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Forms

Different forms of the word (e.g., verb conjugations, plural forms, comparative/superlative forms for adjectives).

defaulters, defaulting, defaulted

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Etymology

origin and the way in which meanings have changed throughout history.

Originally, a defaulter was someone who had defaulted on a debt, but the term is now used more broadly to refer to anyone who fails to meet an obligation.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The term 'defaulter' comes from the Old French word 'defauter', which means 'to fail'.

2. In the world of finance, a defaulter is a company or individual who has failed to make a payment on a bond or other debt security.

3. In some countries, defaulters can be sent to debtors' prisons for failing to pay their debts.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. insolvency: A state of being unable to pay one's debts as they come due.

2. bankruptcy: A legal process by which an individual or organization is relieved of the legal obligation to pay their debts.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

In literature, defaulters are often portrayed as dishonest or unscrupulous characters who renege on their debts or obligations. In music, there are songs about defaulters and their consequences.

How to Memorize "defaulter"

1. visualize
   

   - Imagine a person or organization owing a large debt and being unable or unwilling to pay it back.

2. associate
   

   - Associate the word with the idea of failing to meet an obligation or debt repayment.

3. mnemonics
   

   - Use the mnemonic 'Debts are not paid, Defaulters are made' to remember the definition.

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