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Definitions

default

[dih-fawlt, dee-fawlt] / dɪˈfɔlt, ˈdiˌfɔlt /




Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

There is a statute of limitations for those who default on private student loans, which varies by state.

From MarketWatch • Apr. 11, 2026

Sallie Mae, for example, typically considers loans in default after 120 days of missed payments.

From MarketWatch • Apr. 11, 2026

Private credit default rates have been rising “for a while,” Capital Economics pointed out.

From Barron's • Apr. 7, 2026

This puts high-yield bonds and leveraged loans at a greater risk of default than investment-grade bonds, so they pay higher yields.

From The Wall Street Journal • Apr. 6, 2026

No one seemed able to see what was so plain to him: These credit default swaps were all part of his global search for value.

From "The Big Short" by Michael Lewis




Vocabulary lists containing default