Default

RECENT NEWS
The Times of India  Jul 24  Comment 
Jaiprakash Associates, the flagship company of the JP Group, has been downgraded to default status by rating agency Care following its failure to meet its payment obligations.
The Hindu Business Line  Jul 24  Comment 
Vijay Mallya-led United Breweries (Holdings) Ltd today said it has not defaulted on payment of interest to its erstwhile group firm United Spirits Ltd (USL), a day after USL said it is initiating...
Forbes  Jul 24  Comment 
For the last few weeks the government of Ukraine has been involved in intense negotiations with creditor representatives with a view to restructuring its sovereign debt.
MarketWatch  Jul 21  Comment 
Defaults on auto loans are the lowest in at least 10 years, signaling how a strengthening labor market is helping U.S. families.
SeekingAlpha  Jul 19  Comment 




 

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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