plural of defaulter

In absence of any opposing action.

(finance) The condition of failing to meet an obligation. / (finance) The condition of being an obligation that has not been met.

(intransitive, law) To fail to appear and answer a summons and complaint. / (intransitive, finance) To fail to fulfill a financial obligation.

present participle of default

The act or result of being defaulted, especially a failure to meet a financial obligation.

one who fails to fulfill an obligation or perform a task, especially a legal or financial one.

simple past tense and past participle of default

plural of default

Third-person singular simple present indicative form of default