Sentence examples for a declaration of default from inspiring English sources

The phrase "a declaration of default" is correct and usable in written English.
It can be used in legal or financial contexts to indicate that a party has failed to meet their obligations, such as failing to make a payment.
Example: "The bank issued a declaration of default after the borrower missed three consecutive payments."
Alternatives: "notice of default" or "default notice".

Exact(3)

Negotiations are complicated by the fact that a declaration of default by the ratings agencies could cause a dangerous escalation of the crisis.

But Gennadi Yezhov, a spokesman for Aleksei Kudrin, the finance minister and deputy prime minister, was quoted by the news agency Interfax as saying the decision "does not mean and has nothing to do with a declaration of default".

In the non-judicial foreclosure process: The lender issues a Declaration of Default to the trustee, which authorizes them to file a Notice of Default (NOD) to the homeowner.

Similar(57)

A: Declaration of Tina Rivera, March 17,2008.

The first non-comment line is a declaration of "global" conditions, such as default color and editing flags.

Healthcare's hyperinflation has ignited the DIY Health Reformers to declare what amounts to a Declaration of Insurance Independence.

(A declaration of names is involved).

The third was a declaration of war".

Now there's a declaration of independence.

Smith is a Declaration of Independence buff.

First, a declaration of interest.

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