default
noun
failure to act; inaction or neglect.
defaulted
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.
Zambia defaulted on its sovereign debt in 2020, with its debt-to-GDP ratio peaking at 124 percent in 2021, and later completed an IMF-supported programme.
From Barron's ● Sep. 3, 2026
When Hichilema, 64, came into office in 2021 after a landslide victory, Zambia had recently defaulted on its international debt and had an annual inflation rate of more than 24%.
From BBC ● Sep. 1, 2026
However, China defaulted on these bonds in 1938.
From MarketWatch ● Aug. 26, 2026
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
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
