Sentence examples for default on loan from inspiring English sources
A key point in creating a VSLA is the social bond and trust between members, ensuring any newly formed group can be confident no one will default on loan payments or, worse, steal from the group.
This followed BIB's default on loan repayments in late September.
The company, a maker of sensors and sensor-based consumer products, also said it was in default on loan agreements.
There is more money available for other kinds of spending, and there is less chance that businesses will default on loan payments.
The major banks, including Wells Fargo, have also set aside additional reserves in case some domestic oil and gas producers need to defer — or default on — loan payments.
The Abu Dhabi-based central bank said today that a special liquidity scheme would be available to overseas banks in a move designed to give comfort to institutions fearing that Dubai World companies would default on loan repayments.
