in default
Definition of in default
: having missed a payment that is due She's in default on her loan.
From the M-W Editors
Word by Word Definitions
defaultplay
: failure to do something required by duty or law : neglect
: fault
: a failure to pay financial debts
: to fail to fulfill a contract, agreement, or duty: such as
: to fail to meet a financial obligation
: to fail to appear in court
See the full definition of default
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