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China sentenced the founder of embattled property giant Evergrande to life in prison and fined the group more than $2 billion on Thursday for offences including fraud, five years after a high-profile default.

From Barron's ● Aug. 20, 2026

Fitch cited “existing discord” between the city and the contractors that could lead to further delays in the project and a default on the bonds.

From Los Angeles Times ● Aug. 20, 2026

Accordingly, Judge Poland entered a default judgment into the record, which gave Midland Credit Management the right to tread on his bank account and garnish his wages.

From Slate ● Aug. 20, 2026

Spreads are the extra compensation bond investors receive for taking on the risk that a company or project might default.

From MarketWatch ● Aug. 19, 2026

They called around big Wall Street firms to see if anyone could dissuade them from buying credit default swaps on the double-A tranche of CDOs.

From "The Big Short" by Michael Lewis

Other countries have fallen victim to debt spirals, where high levels of debt lead investors to demand higher interest rates, in turn fueling more borrowing until eventually a country defaults.

From Slate ● Aug. 20, 2026

When equipment is bought on credit, it usually doubles as collateral, or the asset a lender can seize if the loan defaults.

From MarketWatch ● Aug. 20, 2026

If a customer defaults, the thinking goes, a new one will step in quickly.

From The Wall Street Journal ● Aug. 12, 2026

Borrowers have delayed interest payments on billions of dollars of loans, raising concerns that defaults are higher than reported.

From The Wall Street Journal ● Aug. 11, 2026

Like the credit default swap, the CDO had been invented to redistribute the risk of corporate and government bond defaults and was now being rejiggered to disguise the risk of subprime mortgage loans.

From "The Big Short" by Michael Lewis

He was being summoned because he was being sued by Midland Credit Management for $3,466.63 in defaulted credit card debt.

From Slate ● Aug. 20, 2026

Radford’s current owner, Hackman Capital Partners, defaulted on $1.1 billion of bondholder debt and turned the property over to lenders led by Goldman Sachs Group Inc.

From Los Angeles Times ● Aug. 10, 2026

Its owner defaulted on a $300 million loan in 2024, citing “challenges in the broader marketplace here in Santa Monica.”

From The Wall Street Journal ● Jul. 6, 2026

As England goalkeeper Pickford collected the ball, Mora defaulted to returning to his natural position, failing to close the gap.

From BBC ● Jul. 6, 2026

The most you could make was $100 million, if General Electric defaulted on its debt any time in the next ten years and bondholders recovered nothing.

From "The Big Short" by Michael Lewis

The bonds are investment grade, first and foremost, so the risk of issuers defaulting is relatively low.

From MarketWatch ● Jul. 24, 2026

Starting in June 2025, with the pause having ended nine months prior, borrowers began defaulting again for the first time since the pandemic.

From Los Angeles Times ● Jul. 20, 2026

This shows you your financial account history but does not give you a credit score, which is the risk assessment that lenders use to assess your chances of defaulting.

From MarketWatch ● Jun. 9, 2026

In the fourth quarter of last year, those who failed to restart payments began defaulting, meaning they hit 270 days past due on their payments.

From The Wall Street Journal ● May 12, 2026

It would probably be a lot easier for me to go over to her house...but again, my mind is defaulting to relying on Fiona for help.

From "The Running Dream" by Wendelin Van Draanen