default

That December, Fitch Ratings agency declared the firm in default.

From Barron's ● Aug. 20, 2026

Historically, Treasurys yielded less than AAA-corporate bonds, even after adjusting for default risk, but since 2022, that advantage has disappeared.

From The Wall Street Journal ● Aug. 20, 2026

Fitch cited “existing discord” between the city and the contractors that could lead to further delays in the project and a default on the bonds.

From Los Angeles Times ● Aug. 20, 2026

Accordingly, Judge Poland entered a default judgment into the record, which gave Midland Credit Management the right to tread on his bank account and garnish his wages.

From Slate ● Aug. 20, 2026

“Credit default swaps remedied the problem of open-ended risk for me,” said Burry.

From "The Big Short" by Michael Lewis

Other countries have fallen victim to debt spirals, where high levels of debt lead investors to demand higher interest rates, in turn fueling more borrowing until eventually a country defaults.

From Slate ● Aug. 20, 2026

When equipment is bought on credit, it usually doubles as collateral, or the asset a lender can seize if the loan defaults.

From MarketWatch ● Aug. 20, 2026

According to Miad Maleki of the Foundation for Defense of Democracies, that approach has caused loan defaults and mounting debt at the National Iranian Oil Co.

From The Wall Street Journal ● Aug. 13, 2026

Fitch Ratings counts these PIKs granted after origination as defaults.

From The Wall Street Journal ● Aug. 11, 2026

In 1998, AIG FP entered the new market for corporate credit default swaps: It sold insurance to banks against the risk of defaults by huge numbers of investment-grade public corporations.

From "The Big Short" by Michael Lewis

He was being summoned because he was being sued by Midland Credit Management for $3,466.63 in defaulted credit card debt.

From Slate ● Aug. 20, 2026

“Responses were consistently vague and often defaulted to the argument that compute could be rented to third parties through Tencent Cloud if AI applications underperform,” Su says after the company’s earnings call.

From The Wall Street Journal ● Aug. 13, 2026

Since then, the number of defaulted borrowers has exploded from 5.3 million to around 9.5 million, according to data from the Office of Federal Student Aid.

From Los Angeles Times ● Jul. 20, 2026

As England goalkeeper Pickford collected the ball, Mora defaulted to returning to his natural position, failing to close the gap.

From BBC ● Jul. 6, 2026

Loans either were paid off or were defaulted upon.

From "The Big Short" by Michael Lewis

In the wake of the 2007-09 recession, the Caesars Entertainment casino empire came close to defaulting on more than $25 billion in debt, and an unusually vicious corporate bankruptcy fight began.

From The Wall Street Journal ● Jul. 27, 2026

The bonds are investment grade, first and foremost, so the risk of issuers defaulting is relatively low.

From MarketWatch ● Jul. 24, 2026

Starting in June 2025, with the pause having ended nine months prior, borrowers began defaulting again for the first time since the pandemic.

From Los Angeles Times ● Jul. 20, 2026

This shows you your financial account history but does not give you a credit score, which is the risk assessment that lenders use to assess your chances of defaulting.

From MarketWatch ● Jun. 9, 2026

The next morning, Burry opened the Wall Street Journal to find an article explaining how the new wave of adjustable-rate mortgages were defaulting, in their first nine months, at rates never before seen.

From "The Big Short" by Michael Lewis