DictionaryAI

defaulting

USdi-FAWLT-ing/dɪˈfɔltɪŋ/UKdi-FOLT-ing/dɪˈfɒltɪŋ/

2 meanings of defaulting

Practice

  1. 1
    noununcountable
    The failure to pay money you owe or to do something you agreed to do.

    Like breaking a promise to pay back money you borrowed.

    The renter's defaulting forced the landlord to find someone new.

    Defaulting on a car loan can lead to losing the vehicle.

    Similarnonpayment, delinquency

    Note
  2. 2
    verb
    Present participle of default. Use this -ing form for an action happening now.

    The company is defaulting on its loans again.

    Several homeowners are defaulting on their mortgages this year.

    Note

defaulting is a form of default

default, verb: To fail to pay back money that you owe. Full entry

Forms
defaultdefaults he/she/itdefaulting -ing formdefaulted past tense, past participle
Spelling
default → defaulting: add -ing

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