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Related to default: Default gateway


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 ?
The most substantial decrease in default distance can be seen among loans with high current combined loan to values (CLTVs) - a trend driven in part by rising strategic defaults.
In the US, the speculative-grade default rate dropped from 9.
How low is the legal threshold for placing men in the cross hairs of default justice?
What is unfortunately certain is that landlords and obligees under guaranties and other contracts will have to consider carefully the impact of allowing a default to be cured rather than immediately exercising all rights available at the time, including immediately engaging outside counsel and perhaps commencing litigation as a defensive measure prior to any resolution of defaults.
Global and US default rates decrease for first time since January 2008
In Los Angeles County, 7,445 property owners received default notices, up an annual 113.
Without an agreement to sell there can be no willful default, and as a consequence, no brokerage commission.
Yagman said a judgment of default would mean the city lost the case of whether it is liable for Matasareanu's death and would move the case on to the setting of damages.
Taxpayers ultimately foot the bill for defaulted student loans, so the low default rate of Minnesota borrowers is good news for all of us in the state," said Taige Thornton, Northstar Guarantee's president and chief executive officer.
06 billion in new defaults and a default rate of 5.
After the technical default was discovered, Cogenex then asserted that the TCC default also constituted a technical default on Onsite's $1.
A default notice is sent to a homeowner who falls behind in the mortgage payment, with the time threshold varying from lender to lender.