Sentence examples for default on liabilities from inspiring English sources

First, it let the banks default on liabilities to overseas creditors, including deposits in offshore accounts.

If the ECB offered more liquidity to Cypriot banks to cover deposit withdrawals, and the banks collapsed anyway, then Cyprus could still leave the euro and default on its liabilities under the Target 2 system (Europe's interbank payment system).

They present a higher risk of defaulting on your liabilities, rather than giving you above average returns.

Athens is due to repay €1.6bn to the International Monetary Fund on 30 June – but the country has run out of cash and without a €7.2bn bailout payment from its creditors before the end of the month it would become the first eurozone country in the history of the currency bloc to default on its sovereign liabilities.

It was fears that Dubai World may default on some of its $59bn£36bnbn) liabilities that triggered a worldwide panic, sending stock markets plummeting.

Records show that the owners, listed under a limited liability company called 18E68 Owner, are in default on more than $28 million in loans.

Fear that firms will default on their bonds has pushed up yields, thus reducing the size of their pension liabilities.

A substantial default on Greece's public and private debt would almost inevitably follow: the value of Greek liabilities would surge overnight as the revived currency would trade at an estimated 50 percent to 80 percent discount to the euro, economists say.

If on the other hand the investors found a corporation, their liability is limited to the firm's wealth and the firm may default on debt payment if (x) is small.

Governments default on their debt.

People default on their loans.