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defaulted

Example Sentences

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Hackman defaulted on a $1.1-billion mortgage in January and investment bank Goldman Sachs took over the property, which is now escrow for a sale to Netflix.

From Los Angeles Times Jul. 11, 2026

As England goalkeeper Pickford collected the ball, Mora defaulted to returning to his natural position, failing to close the gap.

From BBC Jul. 6, 2026

Instead, they increasingly defaulted to reading the words themselves.

From Science Daily Jun. 10, 2026

The bank had lent to a private-credit-fund-linked special purpose vehicle which had on-lent to the defaulted borrower.

From MarketWatch May 20, 2026

It was easy to understand why originators like Option One and New Century preferred to make these sorts of loans: After two years the borrowers either defaulted or, if their home price had risen, refinanced.

From "The Big Short" by Michael Lewis