in default

idiom

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

Examples of in default in a Sentence

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The building whose loan is in default is at 478 East Santa Clara Street next to South 11th Street, according to documents on file at the Santa Clara County Recorder’s Office. George Avalos, Mercury News, 6 June 2025 An estimated 452,000 people aged 62 and older had student loans in default, according to a January report from the Consumer Financial Protection Bureau. Arkansas Online, 4 June 2025 The federal government has vast powers to forcibly seize income and benefits from Americans who are in default on their federal student loans, which typically is defined as being more than nine months past due. Adam S. Minsky, Forbes.com, 3 June 2025 Over 400,000 defaulted borrowers likely receive Social Security: Report As of late April, there were 42.7 million borrowers owing more than $1.6 trillion in student debt, according to the department, with more than 5 million borrowers in default. Kathryn Palmer, USA Today, 3 June 2025 See All Example Sentences for in default

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Cite this Entry

“In default.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/in%20default. Accessed 10 Jun. 2025.

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