Sentence examples similar to allegation of default from inspiring English sources

The phrase "allegation of default" is correct and usable in written English.
It can be used in legal or financial contexts when referring to a claim that someone has failed to fulfill a contractual obligation.
Example: "The company filed an allegation of default against the contractor for failing to complete the project on time."
Alternatives: "claim of default" or "assertion of default."

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Navient has called the allegations unfounded and said it has a strong track record of keeping people out of default.

Accordingly, FINRA's Department of Enforcement filed a Motion for Entry of Default Decision ("Default Motion"), which the Hearing Officer granted and resulted in the allegations being deemed admitted.

Notice of Default is very clear: you have defaulted, you are in default, you are defaultive.

The bank denies allegations in lawsuits that it changed the loan terms of customers in bankruptcy without their knowledge, putting them at risk of default.

(6 Event of default.

"What is the probability of default?

"Any chance of default?" I asked.

Hence there is zero chance of default.

The government takes the risk of default.

Signs of default stress are already showing.

But now introduce the threat of default.

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