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di fawlt

  • n  loss due to not showing up
    he lost the game by default
  • n  act of failing to meet a financial obligation
  • n  loss resulting from failure of a debt to be paid
  • n  an option that is selected automatically unless an alternative is specified
  • v  fail to pay up

  • They provide insurance for losses on securities in the event of a default.
  • The Senate's most prized prerogative is going by default.
  • Fallout from a record default spreads from Washington State to Wall Street.
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