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technical default

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Loan Servicing Solutions
Windows technology for managing foreclosures, defaults & claims
www.DRIdefault.com
Default
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Financial Dictionary

technical default

Default under an indenture agreement for other than nonpayment of interest or principal. For example, a borrower may fail to maintain a stipulated level of net working capital.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Loan Servicing Solutions
Windows technology for managing foreclosures, defaults & claims
www.DRIdefault.com
Default
Fast Online Dictionary Results. With Free Dictionary Toolbar.
Dictionary.Inbox.com
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