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{%type%} Definitions

WordNet 3.0Copyright Princeton University
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Short "hint"

The neglect or omission of a legal requirement. Also: the failure to pay financial debts.

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Usage examples (34)
  • Did the customer default on the mortgage?
  • He lost the game by default
  • Telnet to enter this command, the default is the Telnet host IP address.
  • Fitch modeled a term default with a substantial loss in its base case scenario.
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