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English / word

default

verb B2
MEANING IN ENGLISH

to fail to fulfill an obligation, especially to repay a financial loan

In context

01

The company faced severe penalties after defaulting on its loan payment.

02

The company defaulted on its loan payments.

Synonyms

failure,omission,fail to pay

Antonyms

payment,compliance,pay

Collocations

default on a loan,default on payment,default on debt

Verb forms

Past: defaulted · Past participle: defaulted · -ing: defaulting

Sources

Bidyazo vocabulary library ↗