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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Of the borrowers behind on their payments, only 0.3 percent are considered in default, TransUnion said. Aliss Higham, MSNBC Newsweek, 27 June 2025 The extent of these problems will become more clear when more time passes, as Alameda County typically doesn’t foreclose on homes in default for at least five years. U T Editorial Board, San Diego Union-Tribune, 27 June 2025 That refers to when borrowers can get out of being in default on their loans by making a certain number of on-time payments under a rehabilitation agreement. Alison Durkee, Forbes.com, 26 June 2025 But just three years after buying it, Galaxy was in default on the loan and a receiver was appointed to manage the building, which was still sitting unfinished. Matthew Geiger, Denver Post, 20 June 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 11 Jul. 2025.

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