# defaulted

Pronunciation: US say "di-FAWLT-id" /dɪˈfɔltɪd/; UK say "di-FOLT-id" /dɪˈfɒltɪd/

## Verb

1. Simple past and past participle of default. — simple past and past participle of default
   - Simple: Simple past and past participle of default. Use this form when it already happened.
   - _The borrower defaulted on three consecutive payments before the bank stepped in._
   - _Several nations have defaulted on their sovereign debt during severe financial crises._

Source: DictionaryAI, https://dictionaryai.com/define/defaulted (written from Wiktionary data, CC BY-SA 4.0: https://creativecommons.org/licenses/by-sa/4.0/).