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If you default - or are alleged to default - on, say, a student loan, you can practically be chased forever.
There will be severe and possibly irreparable damage if the United States defaulted on its commitments.
Graduate school is not a default; it is a commitment that you should be willing to make if it is the right next step for you.
We present an algorithm for learning when to default on group commitments based solely on observed values of group-related tasks and discuss the applicability of this algorithm in settings where multiple agents may be learning.
A year ago, Sid Bass, the Texas investor, had to unload $1.8 billion of Disney stock to cover margin calls, and immediately, phones started ringing with speculation that he would default on his commitments to the Museum of Modern Art, Yale University, the Aspen Institute and a host of other institutions he and his wife, Mercedes, have favored.
FTVentures, which closed a $512 million fund in April, said it does not expect any of its investors to default on their commitments.
Some venture capitalists have sued limited partners who threatened to default on capital commitments, which they promise up front and pay over several years.
If the host government were to default on its commitments, investors should be able to seek redress before special tribunals or national courts.
A default on a large BBB bond.
(It has yet to default on a note payment).
The firm also would default on a $1-million 1-million bank
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