in default

phrase

: 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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In the criminal case, Makhijani is accused of providing bogus collateral for a October 2024 loan now in default. Los Angeles Times, 19 Aug. 2026 About 23% of Georgia’s student loan borrowers, or 396,000 people, are in default. Aj Willingham, AJC.com, 12 Aug. 2026 Advocates warn that with one in five borrowers already in default, immediate action is crucial to prevent further financial hardship for millions navigating a failing system. Adam S. Minsky, Forbes.com, 31 July 2026 Under Step Up’s contract with Sacramento, the units were to be fully leased by July 2024, or the city could put the loan in default and foreclose on the property. Theresa Clift july 30, Sacbee.com, 30 July 2026 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 25 Aug. 2026.

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