The phrase "a form of default" is correct and usable in written English.
It can be used in contexts discussing financial obligations, agreements, or situations where a standard or expected condition is not met.
Example: "The company declared bankruptcy, which is considered a form of default on its loans."
Alternatives: "a type of default" or "a kind of default".
Renegotiating the terms would be seen as a form of default.
In some cases, bondholders could still be paid out of prepaid reserves, but drawing on a reserve without replenishing it is also considered a form of default.
Benefit cuts are a form of default; it's perhaps not as damaging as missing a bond payment, but it is still not delivering on a promised payment.
S&P concluded last week that Greece would be found to be in a form of default on its sovereign debt if its private creditors were involved in a new EU bailout, as is planned.
If Ukraine's economy is being transformed and the IMF is satisfied, Russian bloody-mindedness need not slow the country's return to the market, even if it forces a form of default.
Since CDS provide creditors with a form of default insurance, they could strengthen their bargaining power in debt negotiations, which in turn could generate significant feedback effects on corporate financial policies.
(i) Negative information The term "negative information" means information concerning a customer's delinquencies, late payments, insolvency, or any form of default.
But one worry is that any form of default could disqualify Greek debt from the collateral that the central bank requires to continue extending loans.
Do they view inflation as a form of implicit default?
Currently most default swaps, a form of insurance against default by bond issuers, are traded directly between issuers like investment banks and buyers like hedge funds.
Ms. Merkel also repeated her support for rules that would ban investors from buying credit default swaps, a form of insurance against default by bond issuers, if they did not own the underlying debt.
