default

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default,

n 1. an omission of that which should be done.
v 2. to fail to fulfill an obligation or a promise.
References in periodicals archive ?
Another aspect of loan defaults is that the amount of defaults has increased rapidly in the recent past.
New CMBS loan defaults are likely to be from loans beginning to amortize,' said Senior Director Britt Johnson.
The webinar is led by two experts on loan defaults with lenders and mortgages, Martin Luskin & Sam Walker, and focuses on:
The impact of rising loan defaults in 2008 will result in loan performance more closely resembling historical loan default rates.
CMBS Loan Default Study 1993-2006' is available on the Fitch Ratings web site at www.
Fitch expects the CMBS bond and loan default rates to decline even further in 2007, according to Senior Director Patty Bach.
Governor of Central Bank Sultan bin Nasser Al Suwaidi, speaking to the bankers and top officials at a seminar encouraged them to implement the directives of the President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, through finding appropriate solutions to address the issue of loan defaults.
Loan officers for banks and financial institutions are focusing more attention than ever on environmental liability, which is risk associated with commercial real estate collateral if a loan defaults and environmental problems arise.
Involuntary loan defaults cause in excess of $10 billion of retirement leakage annually.
LAHORE -- SME Bank Limited has focused on recovery of bad debt as overall percentage of its loan defaults has reached 21pc.
Global Banking News-March 29, 2012--Central bank official says state of loan defaults could improve(C)2012 ENPublishing - http://www.
Environmental insurance protects lending institutions from financial loss and liability when a loan defaults and real estate collateral is contaminated.