Sentence examples for a default happens from inspiring English sources

The prices for credit default swaps, financial instruments that pay investors in the event that a default happens, imply just a 0.05 percent chance, or 1-in-2,000, of a default occurring within the next year, according to The Wall Street Journal.

Some investors entered swaps on Greece as a way of effectively insuring themselves against losses on their Greek bonds, while others used them as a way to bet on a default happening.

You could be forgiven for thinking that a default happened the moment the bond failed to do what it said on the label – ie pay a specified coupon and become redeemable at a fixed point in the future.

If last-ditch talks beginning Saturday fail, they will have to take responsibility if the unimaginable — a government default — happens in 10 days and the checks stop going out.

"People believe there is a low chance the default happens," Mr. Takata said in Tokyo.

When you use Chrome to go to a page in any language other than English (or whatever your default happens to be) the software notices as much and asks if you'd like the page translated.

When it comes to the purchasing power of an investor's money, what does it matter if the loss comes in the form of a formal default or erosion in real terms?The answer to that conundrum may be that default happens suddenly, whereas inflation and depreciation are slower, giving investors more time to adjust by demanding higher interest rates to compensate for their losses.

The first default happens after maturity.

So these various short- to medium-term measures may well be available to prevent default, but, at the end, if the Greek government cannot renegotiate its crushing debt burden — without some form of debt forgiveness in however form it will be disguised — you could see a Greek default happen.

In order for the clearing systems to work, the Treasury would need to notify the market of a default almost a day before the default happened (to give everyone time to modify payments), and that is not going to happen because the Treasury will not want to declare default while Congress still has time to pass a bill.

The default happened after a last-gasp refinancing plan fell at the final hurdle, according to local media.