Definition Default

glossary: Default definition
company finance / financing solutionsbusiness planDefault business servicescorporate investorsbusiness planning resourceswriting Default

Glossary: Default

Default refers to the failure of the borrower to make an installment payment when due, or failure to meet other terms of the promissory note, to the extent that a reasonable conclusion is that the borrower does not intend to pay. Defaults are reported to national reporting agencies, which may affect future creditworthiness.



Enter your email address below for Venture Capital and Business Planning information.

business plan consulting Business Plan Consulting

Definition: Default

Click here for more Default / Dictionary of Terms

If you need assistance in developing a business plan, our staff of industry leading consultants can assist you in preparing a winning presentation.

Contact us for a business plan quote to learn more about how we define Default and how we can help you complete your business plan today.

Additional terms to learn about Default definitions

Dictionary: Default business plan definition - 2001-2004 HJ Ventures International, Inc.