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TechCrunch  Jul 17  Comment 
 Three months after taking on a new $2 million round of funding, the Tel Aviv-based startup known for the Flayvr photo album app is undergoing some big changes. Today the company is officially rebranding as MyRoll, and launching updated versions...
SeekingAlpha  Jul 16  Comment 
By Elliott R. Morss: Introduction In my last piece, I compared the sovereign debt default processes of Argentina and Greece. Greece called its default a "roll-over". Greece retroactively changed its loan agreements so that all creditors had...




 

Default refers to the failure to pay his or her debt on a timely basis or to comply conditions of an agreement or an obligation. Some example of default are loan defaults which the borrower does not pay back his loan on the date agreed with the bank.

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