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defaulting


Meanings
  • Verb (intransitive)

    Failure to fulfill an obligation or debt, such as missing a loan payment.

    - "Many homeowners are defaulting on their mortgages due to the economic downturn."
    - "The company went bankrupt and was forced to default on its bonds."
    - "He defaulted on his student loans and now has a damaged credit score."

Rhymes
Words rhyming with defaulting
defting , lefting , cleaving , grieving
Variants
List of all variants of defaulting that leads to same result
default , defaulted , defaulter , defaulters , defaulting , defaults
Etymology
origin and the way in which meanings have changed throughout history.

Derived from the Old French word 'defaut', meaning 'lack' or 'deficiency'.


Trivia
Any details, considerations, events or pieces of information regarding the word
  1. The term 'default' is also used in computer programming to refer to the normal behavior of a system when an error occurs.

  2. The term 'default' can also be used to describe the settings that are used when a user does not make specific selections.

  3. In the financial world, a 'default event' occurs when a borrower fails to make a scheduled payment on a bond or other debt security.


Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to
  1. Bankruptcy: A legal process where an individual or business cannot repay their debts and all their assets are sold to pay off creditors.

  2. Debt: An amount of money owed by one party to another.

  3. Insolvency: The inability to pay debts as they come due.


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, defaulting is often used as a metaphor for moral failure or betrayal. In music, there are songs about people who have defaulted on their debts or relationships.

How to Memorize "defaulting"

  1. visualize

    - Imagine a person or company unable to meet their financial obligations, with mounting debts and creditors growing increasingly impatient.

  2. associate

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

  3. mnemonics

    - Use the mnemonic 'Debts Delayed, Eventually Defaulting' to help remember the meaning of the word.


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