in default
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
That December, Fitch Ratings agency declared the firm in default.
From Barron's ● Aug. 20, 2026
Today, around 9.5 million people — 1 in 5 federal student loan borrowers — are in default, meaning they are more than nine months behind on their payments.
From Los Angeles Times ● Jul. 20, 2026
Spirit is already in default of its agreement, Citibank said, and lenders had the right to seize airline assets.
From The Wall Street Journal ● Apr. 16, 2026
Sallie Mae, for example, typically considers loans in default after 120 days of missed payments.
From MarketWatch ● Apr. 11, 2026
On June 25 the total number of loans in default spiked to 18.68 percent.
From "The Big Short" by Michael Lewis
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