RECENT NEWS
ProSep provides default status report
OilVoice  May 13  Comment 
ProSep Inc. TSXPRP dedicated to providing process solutions to the oil and gas industry wishes to provide this biweekly default status report the quotDefault Status Reportquot in accordanc
What's The Story Behind The iPhone's Default "Marimba" Ringtone?
Forbes  Apr 30  Comment 
Alexander Graham Bell's first useful ringer was ironically a bell that was struck by a solenoid controlled hammer. Fast forward to the iPhone's original "marimba" ringtone, an audio file of a wooden key struck by a mallet. Essentially, the same...
Mixed signals as consumer debt edges higher, defaults drop: Equifax
The Globe and Mail  Apr 24  Comment 
Credit-monitoring agency says Canadians have bumped up debt levels slightly, but there are fewer delinquencies
Don’t default on your phone bills, your loan hinges on that
The Times of India  Apr 23  Comment 
Credit information companies are seeking access to payment details of mobile phone bills by customers, to enable a 360 degree view of customers credit history. Simply put, in an extreme case, if you default on your telecom bill, your credit scores...
Default insurance
The Hindu Business Line  Apr 22  Comment 
Hopefully, the new mortgage bank will lead to changes in the legal framework for easy repossession by the former, in cases of default.
In China, Housing Prices Soar As Regulators Get Nervous About Defaults
Forbes  Apr 21  Comment 
There's no popping the Chinese housing bubble.
[$] Record Low Defaults May Not Be Good
Wall Street Journal  Apr 16  Comment 
Despite the financial crisis, corporate defaults are at record lows. But in the past, higher default rates have helped boost productivity. Low defaults may yet be an ominous sign.




more ▼WIKI ANALYSIS
This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition.
 

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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