defaulted
Failed to repay
Defaulted is the past tense of default—to fail to fulfill an obligation, especially a financial one.
Someone who defaulted on a loan stopped making payments: He defaulted on his mortgage and lost the house.
In computing and settings, defaulted means reverted to original options: The system defaulted to factory settings after the reset.
Overdue financial obligations
- nonpaymentFailure to settle debts
- overduePast expected arrival
- insolvencyInability to pay debts
- bankruptcyLegal status when insolvent
forbearance · restructuring · repayment · liabilities · obligations · creditors · lenders · borrowers
Civil court proceeding
- litigationLegal dispute process
- judgmentReasoned decision-making capacity
- defendantParty facing charges
- summonsFormal court notification
complaint · court · damages · garnishment · collection agency · settlement · liability · breach
Lender seizes mortgaged property
- repossessionCreditor seizing collateral
- mortgageSecured home loan
- student loansBorrowed funds for tuition
- auto loanCredit for vehicle purchase
underwater · negative equity · adjustable-rate · financial distress · collateral · guarantor · cosigner · balloon payment
Criminal or neglectful behavior
- missed paymentsDebts not settled on time
- credit reportRecord of borrowing behavior
- creditworthinessAbility to repay debts
- subprimeUnder top credit tier
derogatory · credit damage · credit bureau · high risk · blacklist · penalties · recovery period · low score
Sudden structural failure
- downfallSudden loss of power
- setbackReverse in progress
- misadventureUnfortunate incident or accident
- underperformanceFailing to meet expectations
financial ruin · inability · shortfall · noncompliance · breach of contract
arrears
Overdue financial obligations
- nonpaymentFailure to settle debts
- overduePast expected arrival
- insolvencyInability to pay debts
bankruptcy · forbearance · restructuring · repayment · liabilities · obligations · creditors · lenders · borrowers · principal
lawsuit
Civil court proceeding
- litigationLegal dispute process
- judgmentReasoned decision-making capacity
- defendantParty facing charges
summons · complaint · court · damages · garnishment · collection agency · settlement · liability · breach · enforcement
foreclosure
Lender seizes mortgaged property
- repossessionCreditor seizing collateral
- mortgageSecured home loan
- student loansBorrowed funds for tuition
auto loan · underwater · negative equity · adjustable-rate · financial distress · collateral · guarantor · cosigner · balloon payment · secured
delinquency
Criminal or neglectful behavior
- missed paymentsDebts not settled on time
- credit reportRecord of borrowing behavior
- creditworthinessAbility to repay debts
subprime · derogatory · credit damage · credit bureau · high risk · blacklist · penalties · recovery period · low score · credit counseling
collapse
Sudden structural failure
- downfallSudden loss of power
- setbackReverse in progress
- misadventureUnfortunate incident or accident
underperformance · financial ruin · inability · shortfall · noncompliance · breach of contract
- financial ruinbankrupt, bankruptcy, bust, busted, broke
- account statusactive, inactive, open, closed, current
- account statusesactive, closed, pending, approved, denied
- game statespaused, loading, ended, active, finished
- statusespending, active, approved, inactive, completed
- Tournament Statuseliminated, qualified, advancing, champion, winner
- by defaultAbsent alternative intervention
- default valueAutomatic initial setting
- default settingsOriginal factory configuration
- default apps
- loan defaultFailure to repay debt
- default passwordPreconfigured authentication string