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 The office building that’s in default is located at 10 West Tasman Drive in north San Jose, according to documents on file in Santa Clara County and at the U.S. Bankruptcy Court. George Avalos, The Mercury News, 11 Apr. 2024 The fine print to the VA's new program also says that if a loan was modified, the borrower has to have made payments for at least six months, and then be in default for at least three months, to be eligible. Quil Lawrence, NPR, 11 Apr. 2024 According to a recent report from The Consumer Financial Protection Bureau, nearly 40% of borrowers aged 65 or older are in default on their student loans. Melissa Noel, Essence, 21 Mar. 2024 That came after the property owners, Aryeh Realty, did not pay nearly $450,000 in taxes due in May, putting it in default of the agreement. Sarah Ritter, Kansas City Star, 8 Feb. 2024 Two possible scenarios are cited in which the museum would be in default on the agreement, allowing the city to take back the property. Christopher Knight, Los Angeles Times, 27 Mar. 2024 The mortgage delinquency represents the second time in about a year that a real estate loan for the building has landed in default. George Avalos, The Mercury News, 20 Mar. 2024 Americans in their 60s or older are among the fastest-growing populations with outstanding student loan debt, and nearly 40% of federal borrowers over 65 were in default in 2015. USA TODAY, 20 Mar. 2024 But that effort failed, and Argentina wallowed in default–the worst-case scenario for Argentina, the plaintiffs, its exchange bondholders, and the court. Gregory Makoff, Fortune, 9 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'in default.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near in default

Cite this Entry

“In default.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/in%20default. Accessed 23 Apr. 2024.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!