Defaulted: meaning, definitions and examples

This word is commonly used in financial or legal contexts when someone fails to fulfill an obligation, especially a loan or debt payment.

• The company defaulted on its loan after the economic downturn
• The borrower defaulted on his mortgage

Could also refer to when someone has not changed a preset value or setting, often in technical or digital contexts.

• The software defaulted to the original settings after the system reboot.
• The printer defaulted to black and white mode instead of color.

Typically used in formal or technical contexts and implies going back to a previous state or condition. It can sometimes have a negative or neutral connotation, depending on the situation.

• Please revert the document to its original state by undoing the recent changes.
• If the treatment doesn't work, the symptoms might revert to their previous severity.

Often used in both formal and informal settings to describe coming back to a place or condition. It can also imply giving something back to its original owner.

• He will return from his business trip next Monday.
• I need to return these books to the library.

Commonly used in everyday conversation to describe the action of returning to a previous location, state, or activity. It is casual and widely understood.

• I need to go back to the office to pick up some documents.
• Let's go back to the topic we were discussing earlier.

This term is commonly used in financial and legal settings when someone has failed to fulfill their financial obligations, such as repaying a loan or mortgage.

• The borrower defaulted on the loan last month.
• The mortgage was defaulted, leading to foreclosure.

A general term used in both formal and informal settings to indicate someone has not paid what they owe. It is often used in contracts or official documents.

• The tenant was evicted due to a failure to pay rent.
• Failure to pay taxes can result in penalties and interest.

Used in a variety of settings to indicate that a required payment has not been made. It can have legal implications and is often seen in official communications or documents.

• The insurance was canceled due to nonpayment of premiums.
• Nonpayment of child support can lead to legal action.

Often used to describe late payments or overdue debts, particularly in the context of loans, credit cards, or taxes. It can also refer to minor legal offenses.

• Delinquency rates on student loans have been rising.
• His credit report shows several instances of delinquency.