- 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.