in default

idiom

: having missed a payment that is due
She's in default on her loan.

Examples of in default in a Sentence

Recent Examples on the Web
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Federal student loans had not been referred for collection since March 2020, including those that were in default, because of the COVID-19 pandemic. Khaleda Rahman, MSNBC Newsweek, 14 May 2025 To be in default, a borrower must be behind or past due on their monthly payments by at least 270 days. Adam S. Minsky, Forbes.com, 7 May 2025 What happens once the nine payments are made: The defaulted loan will no longer be in default. Karen Garcia, Los Angeles Times, 7 May 2025 Currently, around 42 million Americans hold federal student loans and roughly 5.3 million borrowers are in default, according to the Education Department. Jessica Dickler, CNBC, 5 May 2025 See All Example Sentences for in default

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“In default.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/in%20default. Accessed 20 May. 2025.

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