Meaning Of The Word Default

What's the definition of Default? Find Default meanings, definitions and more at the Real Dictionary online.
Default Meaning

Default Definition |
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What's The Definition Of Default?
default in Accounting
verb: If a person or organization defaults on a payment, they fail to pay an amount that they owe. default in American English failure to do something or be somewhere when required or expected intransitive verb: to fail in fulfilling or satisfying an engagement, claim, or obligation noun: failure to act; inaction or neglect transitive verb: to fail to perform or pay default in British English noun: a failure to act, esp a failure to meet a financial obligation or to appear in a court of law at a time specified verb: to fail to make payment when due default in Finance 1 noun: A default is a failure to pay money that is owed. default in Finance 2 verb: If a person or organization defaults on a payment, they fail to pay an amount they owe. |
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