default
Failure to make required debt payments on a timely basis or to comply with other conditions of an obligation or agreement.
Related Terms
Related Terms on BusinessDictionary
cross-collateral clause
cross-default clause
default judgment
credit derivative (CD)
joint and several liability
presettlement risk
junior mortgage
flat bond
leveraged lease
default order
red clause
secured lender
default probability
reinstate
unsecured lender
default setting
repossession
moral obligation bond
leniency clause
del credere agent
letter of hypothecation
direct credit substitute
security
secure bond
direct pay letter of credit (L/C)
special lien
discounting of accounts receivable
setoff
fixed and floating charge
non-recourse loan
sovereign debt rating
floating charge
rescheduled loan
sovereign guarantee
cognovit clause
secured loan
export credit guarantee
fixed charge coverage ratio
termination claim
contract bond
right of foreclosure
termination for convenience
land contract
non-recourse
guaranteed loan
notes receivable discounted
warranties of endorser of negotiable instrument
overdraft
cross-default clause
default judgment
credit derivative (CD)
joint and several liability
presettlement risk
junior mortgage
flat bond
leveraged lease
default order
red clause
secured lender
default probability
reinstate
unsecured lender
default setting
repossession
moral obligation bond
leniency clause
del credere agent
letter of hypothecation
direct credit substitute
security
secure bond
direct pay letter of credit (L/C)
special lien
discounting of accounts receivable
setoff
fixed and floating charge
non-recourse loan
sovereign debt rating
floating charge
rescheduled loan
sovereign guarantee
cognovit clause
secured loan
export credit guarantee
fixed charge coverage ratio
termination claim
contract bond
right of foreclosure
termination for convenience
land contract
non-recourse
guaranteed loan
notes receivable discounted
warranties of endorser of negotiable instrument
overdraft
Herstatt risk
credit scoring
parity clause
assignment of accounts receivable
penalty clause
indemnity insurance
assignment of rents
personal guarantee
issuer risk
bond ratings
days of grace
secured debt
senior debt
acceleration clause
obligation bond
back to back loan
guarantor
bond insurance
guaranty
accounts receivable financing
home equity loan
distress
junk bond
asset-based lending
endorsement
mortgage insurance
call
termination
recovery
pledge
credit risk
lien
creditor
collateral
day
mortgage
bond
credit scoring
parity clause
assignment of accounts receivable
penalty clause
indemnity insurance
assignment of rents
personal guarantee
issuer risk
bond ratings
days of grace
secured debt
senior debt
acceleration clause
obligation bond
back to back loan
guarantor
bond insurance
guaranty
accounts receivable financing
home equity loan
distress
junk bond
asset-based lending
endorsement
mortgage insurance
call
termination
recovery
pledge
credit risk
lien
creditor
collateral
day
mortgage
bond
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