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Tag: Default definition

Read Time:4 Minute, 9 Second
  • Business
On 4 years Ago
financial Terms

Default definition and examples

Views: 432

The noun ‘Default’ refers back to the failure to fulfil an obligation. In the arena of commercial enterprise and finance, it commonly refers to failure to pay returned a mortgage. The verb ‘To Default’ means to fail to pay off a mortgage. The noun and verb can also suggest an […]

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