default on their obligation

USAGE SUMMARY

The phrase "default on their obligation" is correct and usable in written English.
It can be used in contexts where someone fails to fulfill a duty or responsibility, often in legal or financial situations. Example: "If they default on their obligation to pay the loan, the bank may take legal action."

✓ Grammatically correct

Human Resources for Health

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

Programme participants can default on their obligation in several different ways.

Human Resources for Health

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

It is possible, of course, that some parties would default on their obligations, leaving potential losses greater.

The New York Times

Borrowers who took loans from 2005 to 2008 continue to default on their obligations, and the homes that they leave behind can be sold only at sharp discounts.

The New York Times

Few of the ventures are turning a profit, and some, like the international arm of Nextel, have begun to default on their obligations.

The New York Times

Even without outright default on their obligations, the value of government bonds sold to finance these deficits could plunge, costing investors a lot.

The New York Times

The proposed legislation and Haldane's cautious support comes as policymakers in Washington and around the world target the phenomenon known as "too big to fail," or the perception that some banks are either so large or so important that government officials would never allow them to default on their obligations.

Huffington Post

"Colleges and universities are defaulting on their obligation to train and educate a representative group of future leaders," said Professor Guinier, a Harvard graduate herself who has been studying college admissions practices for more than a decade.

The New York Times

How do we respect the fact that a full personal repayment guarantee is a very different "cost" to a business owner who ends up defaulting on their obligation compared to a product that does not carry personal repayment guarantees?

Huffington Post

Program participants who were available for practice, but did not fulfill their commitment to work in an underserved area, either defaulted on their obligation or bought out of it.

BMC Health Services Research

But B stocks gained 57percentt, and C stocks -- a category that includes companies in dubious financial condition, although it excludes those that have actually defaulted on their obligations -- rose 118percentt.

The New York Times

But he said it was not clear what would happen if Enron ran out of cash or if traders that use the company's EnronOnline Internet trading marketplace defaulted on their obligations.

The New York Times

Expert writing Tips

Best practice

When using "default on their obligation", ensure the context clearly defines what the obligation is. Specificity enhances clarity and avoids ambiguity.

Common error

Avoid using "default on their obligation" without specifying the nature of the obligation. For example, instead of saying "They defaulted on their obligation", specify "They defaulted on their loan obligation" for better clarity.

Linguistic Context

The phrase "default on their obligation" functions as a verbal phrase, typically used to describe a failure to fulfill a duty or commitment. As Ludwig AI confirms, it is grammatically correct and usable in written English.

Expression frequency: Uncommon

Frequent in

News & Media

70%

Science

20%

Formal & Business

10%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "default on their obligation" is a grammatically sound and usable expression indicating a failure to meet a duty or commitment. As Ludwig AI confirms, this phrase is correct and appropriate for use. While not extremely common, it appears across various contexts including news, science, and formal business settings. When employing this phrase, it is essential to clearly define the specific nature of the obligation to avoid ambiguity. Alternatives like "fail to meet their commitments" or "breach their contract" can be used depending on the context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

fail to meet their commitments

Emphasizes a general failure to fulfill promises or agreements, broader than just financial obligations.

renege on their promise

Highlights the breaking of a promise, often with a moral or ethical implication.

fall short of their duties

Focuses on the failure to perform required tasks or responsibilities.

breach their contract

Specifically refers to the violation of a legally binding agreement.

not honor their agreement

Indicates a refusal to abide by the terms of an agreement or understanding.

violate their responsibility

Highlights the act of neglecting or acting against a defined responsibility.

neglect their duties

Emphasizes a lack of attention or care in performing assigned tasks.

shirk their responsibilities

Suggests an attempt to avoid or evade duties, often due to laziness or unwillingness.

be remiss in their duties

Implies a negligent oversight or failure in fulfilling responsibilities.

disregard their commitment

Shows a conscious choice to ignore or not fulfill a previously made commitment.

FAQs

How can I use "default on their obligation" in a sentence?

You can use "default on their obligation" to describe a situation where someone fails to fulfill a duty or commitment. For instance, "If borrowers "default on their obligation" to repay the loan, the bank may take legal action."

What are some alternatives to "default on their obligation"?

Alternatives include phrases like "fail to meet their commitments", "renege on their promise", or "breach their contract", depending on the specific context of the obligation.

Is it better to say "default on their obligation" or "fail to meet their obligation"?

Both phrases are correct, but "default on their obligation" often implies a more formal or legal context, particularly related to financial or contractual duties. "Fail to meet their obligation" is a more general term.

What does it mean when someone "defaults on their obligation"?

When someone "defaults on their obligation", it means they have failed to fulfill a duty, commitment, or responsibility, often of a legal or financial nature. The consequences can range from penalties to legal action, depending on the specific obligation.