Sentence examples for default on creditors from inspiring English sources
"It's worse to default on creditors who took a risk than to forcibly take money from taxpayers who have no choice?" This question deserves some serious reflection, but for now I'll just say "Yes" and move on.
Instead, the Trump campaign embarked on a damage control exercise on Sunday, dispatching surrogates to television talk shows to argue that Trump was clever to exploit the painful collapse of his past business ventures, several of which defaulted on creditors by declaring bankruptcy.
Greece becomes the first country in the EU to default on its creditors as it fails to make a €1.5bn payment to the IMF on time.
The country is insolvent and almost bankrupt after five years of €240bn (£170bn) in European bailouts dried up at the stroke of midnight and it became the first EU member to default on its creditors.
Greece was left alone, insolvent and almost bankrupt after five years of €240bn (£170bn) in European bailouts dried up and the country became the first in the EU to default on its creditors.
Greece is insolvent and almost bankrupt after five years of €240bn (£170bn) in European bailouts dried up at the stroke of midnight and it became the first EU member to default on its creditors.
As the eurozone debt crisis deepens by the day, speculation continues to mount that Greece with its debt mountain of €340bn will default on its creditors and will ultimately leave the eurozone.
What if Trump tries to "make a deal" with America's creditors, effectively defaulting on debt?
Today, the Bank is heavily invested in Argentina, a country that has defaulted on private creditors and is openly voicing thoughts of defaulting on official ones.
"U.S. government can't afford to default on debts... creditors would lose faith... catastrophic".
