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Default - In finance, default is failure to meet the legal obligations or conditions of a loan. Debtors have been passed beyond the payment deadline o
Default - In finance, default is failure to meet the legal obligations or conditions of a loan. Debtors have been passed beyond the payment deadline on a debt whose payment was due.
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Keywords: accounting, audit, banking, bankrupt, bond, budget, business, collateral, concept, corporate, credit, debt, debtor, default, finance, financial, idea, insolvency, loan, money, mortgage, payment, security, word