in default

idiom

: having missed a payment that is due
She's in default on her loan.

Examples of in default in a Sentence

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After the pandemic caused a spike in default rates, the bank’s CEO Brian Doubles said more customers are now paying back their loans than expected. Danielle Chemtob, Forbes.com, 24 July 2025 This will affect borrowers at all socioeconomic levels, but particularly those with low-moderate incomes and will likely lead to higher default rates (it is estimated that over 5 million borrowers are already in default with another 5-6 million significantly delinquent). Hugh Cameron, MSNBC Newsweek, 22 July 2025 The borrowers have been in default for an average of nearly nine years. ProPublica, 20 July 2025 The Trump administration has begun garnishing wages of student loan borrowers in default. Emma Burleigh, Fortune, 11 July 2025 See All Example Sentences for in default

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“In default.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/in%20default. Accessed 30 Jul. 2025.

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