What is the meaning of non default?
Filters. (chiefly computing) Not default. adjective.
Whats the meaning of defaults?
1 : failure to do something required by duty or law : neglect. 2 archaic : fault. 3 economics : a failure to pay financial debts was in default on her loan mortgage defaults. 4a law : failure to appear at the required time in a legal proceeding The defendant is in default.
What is the meaning of default payment?
Key Takeaways. A default occurs when a borrower is unable to make timely payments, misses payments, or avoids or stops making payments on interest or principal owed. Defaults can occur on secured debt, such as a mortgage loan secured by a house, or unsecured debt such as credit cards or a student loan.
What is an example of a default?
Default is defined as the action of failing to fulfill an obligation. An example of default is the action you take when you fail to pay your credit card. He failed to make payments on time and is now in default.
What is default used for?
As a verb, default most commonly means to fail to make a payment, especially on a loan. It is also commonly used to refer to original, preset options, such as the default settings of a device or app.
What is a default person?
person in default means a person who has refused or neglected to pay any relevant tax due from him; Sample 1.
What do you mean by non payment work?
uncountable noun. Non-payment is a failure to pay a sum of money that you owe. She has received an eviction order from the council for non-payment of rent. [ + of] Synonyms: defaulting, dodging, evasion, failure to pay More Synonyms of non-payment.
What are the types of default?
There are two types of defaults – debt services default and technical default. Defaults are distinct from illiquidity, insolvency, and bankruptcyBankruptcyBankruptcy is the legal status of a human or a non-human entity (a firm or a government agency) that is unable to repay its outstanding debts.
What are the two types of default?
Types of default. Default can be of two types: debt services default and technical default. Debt service default occurs when the borrower has not made a scheduled payment of interest or principal. Technical default occurs when an affirmative or a negative covenant is violated.
What does it mean to be in default?
Definition of in default : having missed a payment that is due She’s in default on her loan.
What is default address?
The default address is the primary address for a constituent. It will always be listed first in their profile and will be highlighted and outlined in blue. This is also the address that will be shown on the constituent grid.
How do I change my default?
Step-by-step instructions to reset default apps:
- Open the Settings app on your Android phone.
- Go into Apps & notifications.
- Tap on the See all apps option.
- Hit the three-dot menu button.
- Tap on Reset app preferences.
- Confirm by selecting Reset apps.