default means: Failure to pay interest and principal in a timely manner on a debt to provide security, or otherwise conform with the terms of a bond-indenture. Brute of a covenant. A technical default in project finance signals that a project parameter has exceeded agreed limits, or that a legal issue is still unresolved. (in Stock Market Dictionary)

What else does default mean?

  • It is the term used to denote a pre-set value for an option within a computer program. This is the default value for a setting that has been not specified by the user. Netscape Communicator default font is, for example, “Times”. The default font setting in Netscape Communicator is “Times”. If this option is not selected, it will remain as-is. Most default settings will be set to the same as what people are likely to choose, so it’s not necessary to alter them. If you are one of these people, you have the option to change any default settings. (in Computer Dictionary)
  • You can use “Default” as a verb. The default setting will be used if a customized setting is not available. Let’s say that you are printing something from a computer connected to a network. If the error messages are not too severe, your print job will automatically default to the default printer. (in Computer Dictionary)
  • Failing to complete a task, or to fulfill an obligation, particularly if you are not able to pay a financial obligation. (in Merlin Dictionary)
  • Refusal to appear in court for a matter by a party. (in Merlin Dictionary)
  • Failure of one or more contestants or teams to take part in a contest. (in Merlin Dictionary)
  • An operating system assigns a particular value or setting to a variable and it remains in effect until the operator cancels or overrides. (in Merlin Dictionary)
  • Situation or condition which is not possible to correct. (in Merlin Dictionary)
  • Failure to complete the task is unacceptable. (in Merlin Dictionary)
  • It is a failure to pay the money that is due. (in Merlin Dictionary)
  • To return to default. (in Merlin Dictionary)
  • Failure to show up in court to represent a party when summoned. (in Merlin Dictionary)
  • You can lose your case by failing to appear. (in Merlin Dictionary)
  • Failure to participate in or finish a contest. (in Merlin Dictionary)
  • Failing to pay or perform. (in Merlin Dictionary)
  • Failure, especially the omission of or failure to fulfill a legal obligation. (in Insurance Dictionary)