Sentence examples for default on a portion from inspiring English sources
WASHINGTON -- Puerto Rico is about to default on a portion of its multi-billion debt in the new year, and its governor blamed Congress Wednesday. .
After the Argentine economy and currency went into a tailspin in 2001, the country defaulted on a portion of about $140 billion in public debt.
The island already defaulted on a portion of its debt in January and other smaller loans last year, but the looming May 1 payment, and another $780 million in general obligation bonds that comes due on July 1, is cause for major concern.
What differentiates a residential-mortgage-backed security from a single-name corporate loan is its capacity to survive defaults on a tiny portion of its thousands of constituent loans.
Two problems here: The buyer might default, and a portion of each deferred payment is treated as highly taxed interest income.
The partners are completing an office complex on one parcel but defaulted on a 56-acre portion of the property.
Mr. Wehner asserted that he was due a lump payment of $750,000, including interest and lawyers' fees, which was set off when the company defaulted on an agreement to buy a portion of his share in the organization.
Ms. Babaev was born in Moscow, and by default a hefty portion of those overseas clients are from Russia.
One "default" is a small portion, the other a big one.
Those securities would not default unless a large portion of the underlying loans went bad, and that was deemed unlikely.
