Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• DEFAULT - A corporation or government is in default if it fails to meet the interest payments on debt s...
  
  
• DEFAULT INTEREST - A higher interest rate payable after default.
  
  
• DEFAULT JUDGEMENT - If you are sued and do not file papers in response to the lawsuit in the prescribed...
  
  
• DEFAULT JUDGMENT - A decision rendered by a Court when the defendant has failed to respond to the claim...
  
  
• DEFAULT PREMIUM - A differential in promised yield that compensates the investor for the risk inherent ...
  
  
• DEFAULT RATE - An alternative higher rate of interest or a premium specified in a loan document to be a...
  
  
• DEFAULT RISK - The risk that an issuer of a bond may be unable to make timely principal and interest pa...
  
  
• DEFAULT, - in finance, default is what occurs when a party is unwilling or unable to pay their debt obl...
  
  
• DEFEASANCE - The setting aside by a borrower of cash or bonds sufficient to service the borrower's debt...
  
  
• DEFEASANCE CLAUSE - A clause in a mortgage which ensures that, once the borrower has met all of her obl...