9 Example Sentences Showcasing the Meaning of 'Default'
His business faced a financial crisis, ultimately resulting in a default on his loans.
The farmer experienced a default on his mortgage, jeopardizing the future of the family farm.
Lisa learned about the concept of default when studying finance in her economics class.
The city's default on its bonds sent shockwaves through the financial markets.
The government implemented austerity measures to prevent a default on international loans.
The company's default had widespread consequences, affecting employees and stakeholders.
Despite financial counseling, the family sadly faced a home foreclosure due to default.
Understanding the implications of default is crucial for anyone managing personal finances.
The student learned about the dangers of defaulting on student loans during a financial literacy workshop.