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Their research concluded that the quantitative methods underestimated defaults for subprime borrowers in what the paper called "a systematic failure of default models".
And so, a big part of what happened in this crisis was a failure of the credit default swap market.
If a woman defaults, it's considered a failure of household management, and brings shame and dishonor on the families.
"A failure of the negotiations, a failure of the programme or a default by the country means even greater sacrifices," he said.
A Failure of Capitalism: Preface.
Identify a failure of condition.
The question before the court was whether Fannie Mae and large financial institutions should be immunized from their failure to send a proper notice of default because the foreclosure took place within a grace period purportedly set in a prior SJC decision.
Pricing for such derivatives could take inspiration from financial derivatives that also factor in consideration of failure (or "default") of an underlying instrument.
Among those who were previously treated for TB, 77 (68%) of cases and 80 (70%) of controls had a TB treatment outcome of default, failure, or unknown outcome for the most recent previous TB treatment episode (p=0.82).
Failure to pay "shall constitute an event of default under the operating agreement," the company stated.
HSV-1 latency establishment in sensory neurons has long been thought to be the default path of a failure to initiate IE gene expression (reviewed in Preston, 2000; Efstathiou & Preston, 2005).
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com