Obviously, the Obama team should have picked him up a year ago when he defaulted on his house loan.
The Daily Beast: Do you realize you just defaulted to, “Some of my best friends are Jewish?”
His debate coaches warned him against it; but the fourth time he was asked about his experience, he defaulted to form.
With each passing quarter, more of the old loans are paid off, refinanced, or defaulted on.
The duo had defaulted on a loan from Textron Financial for $18 million.
In 1982, Mexico defaulted on the interest payments of its international debts.
The pretence for this was that Forney had defaulted $40,000!
“It must be Pendleton who has defaulted,” said Judge Chalmers.
He defaulted for a considerable sum, and has been in quod for four years.
The clerk to whom I had entrusted it (the sporting character before mentioned) had defaulted and fled.
early 13c., "offense, crime, sin," later (late 13c.) "failure, failure to act," from Old French defaute (12c.) "fault, defect, failure, culpability, lack, privation," from Vulgar Latin *defallita "a deficiency or failure," past participle of *defallere, from Latin de- "away" (see de-) + fallere "to deceive, to cheat; to put wrong, to lead astray, cause to be mistaken; to escape notice of, be concealed from" (see fail (v.)). The financial sense is first recorded 1858; the computing sense is from 1966.
late 14c., "be lacking, be missing," also "become weak," from default (n.). Related: Defaulted; defaulting.
Failure to pay a debt when it is due.