Feb 282015
 

Failure by a counterparty to fulfil its obligations on a financial instrument or product e.g. failure to repay interest or principal on a bond, failure to make a margin call in a futures transaction, failure to make interest payments in a swap

For more on Default, banking definitions and financial terms please come back soon, and bookmark this article using one of the nice icons below.

Context

Do you have an example of where Default can be used in context. Help me develop the site by leaving an example below. Every example using ‘Default’ gets you another entry into the draw for 100 GBP of Amazon vouchers.

A winner will be selected on [date].

 Leave a Reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

(required)

(required)