default
default
Glossary of money, banking and financial markets
The following text is used only for educational use and informative purpose following the fair use principles.
We thank the authors of the texts that give us the opportunity to share their knowledge
Economics
Definition of default
default: A situation in which the party issuing a debt instrument is unable to make interest payments or payoff the amount owed when the instrument matures.
Source : http://college.vatc.edu.vn/attachments/article/152/Glossary%20-%20MONEY,%20BANKING,%20&%20FINANCIAL%20MARKETS.doc
link: http://college.vatc.edu.vn/
Author : not indicated on the source document of the above text
Glossary of money, banking and financial markets
Economics money banking and financial market glossary index of terms
Definition and meaning of default
Meaning of default
This is the right place where find the answers to your questions like :
Who ? What ? When ? Where ? Why ? Which ? How ? What does default mean ? Which is the meaning of default?
What does default mean ?
Alanpedia.com from 1998 year by year new sites and innovations
Main page - Disclaimer - Contact us