defaulted

USAGE SUMMARY

The phrase "defaulted" is correct and usable in written English.
It is typically used in legal or financial contexts to indicate that someone has failed to fulfill an obligation, such as failing to make a payment on a loan. Example: "After missing three consecutive payments, the borrower defaulted on the loan agreement."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

The investors bought Argentine government bonds at a big discount after the country defaulted on its debts in 2001.

The Guardian - Business

In Ecuador, the smallest member state of Opec, Correa turned to Beijing after his country defaulted on its bonds in 2008 and found a deep-pocketed business partner.

The Guardian

Everyone who has looked at this says Scotland would be in a very much worse position if Scotland defaulted.

The Guardian

It was brought in to operate the line as East Coast after National Express defaulted on the London-Edinburgh franchise in 2009, when the transport group admitted it could not afford the £1.4bn in payments due over the life of the contract.

The Guardian - Business

If Greece defaulted, the German government would probably have to resort to a bailout deal similar to that Britain adopted in 2008-09.

The Guardian

If Greece had defaulted in January, this primary surplus could (in theory) have been redirected from interest payments to finance the higher wages, pensions, and public spending that Syriza had promised in its election campaign.

The Guardian - Business

"I didn't specifically look for any safety precautions in the contract, but I was not liable if other tenants defaulted," Manhood recalls.

The Guardian

With strong side effects, ART treatment requires monitoring and support - Didacus recalls that one of his fellow inmates defaulted on his medication simply because it was a different brand to what he had been prescribed previously.

The Guardian

Facebook Twitter Google plus Share Share this post Facebook Twitter Google plus close 2.29pm BST14:29 Macpherson says that if Scotland defaulted on its debt, that could add 5% to the interest rates it pays.

The Guardian

Argentina defaulted in 2001.

The Guardian - Business

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

Clinical trials of vaccines are continuing.Argentina defaulted again, when it failed to make a payment on bonds issued to victims of a previous default in 2001.

The Economist

Expert writing Tips

Best practice

When discussing financial matters, use "defaulted" to clearly indicate a failure to meet payment obligations. This term carries legal and financial weight.

Common error

Avoid using "defaulted" to describe minor delays in payments. Defaulting implies a significant breach of contract, not just a temporary lapse.

Linguistic Context

The primary grammatical function of "defaulted" is as the past tense and past participle form of the verb "default". It typically describes a completed action where an obligation was not met, such as a loan or contract. Ludwig AI confirms its correct usage.

Expression frequency: Very common

Frequent in

News & Media

75%

Formal & Business

20%

Science

5%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "defaulted" functions as the past tense of the verb "default", commonly used to describe the failure to meet financial obligations. Ludwig AI confirms its grammatical correctness and frequent usage in news and business contexts. While generally neutral, its usage leans towards professional settings. When writing, ensure that "defaulted" is used to describe significant breaches of contract and not simple lateness. Alternatives such as "failed to pay" or "reneged on" may be suitable depending on the specific context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

failed to pay

This alternative uses simpler language to express the failure to meet a payment obligation.

reneged on

This alternative emphasizes the act of going back on a promise or agreement.

failed to honor

This alternative suggests a failure to uphold a commitment or obligation.

became delinquent

This alternative focuses on the state of being behind on payments.

missed payments

This alternative directly states the act of not making required payments.

was in arrears

This alternative emphasizes being behind in fulfilling financial obligations.

fell behind on payments

This alternative describes the process of becoming late on payments.

failed to meet obligations

This alternative broadens the scope to include non-financial obligations.

breached contract

This alternative specifies a violation of a contractual agreement.

became insolvent

This alternative indicates the inability to pay debts, leading to default.

FAQs

How is "defaulted" typically used in a sentence?

Generally, "defaulted" indicates a failure to meet a financial obligation. For example, "The company "defaulted" on its loan after struggling with revenue losses."

What can I say instead of "defaulted"?

You can use alternatives like "failed to pay", "reneged on", or "failed to honor" depending on the context.

What's the difference between ""defaulted"" and "delinquent"?

"Delinquent" usually means temporarily behind on payments, while ""defaulted"" suggests a more serious and likely irreversible failure to meet the obligations of a debt or contract.

When is it appropriate to use the term ""defaulted""?

Use ""defaulted"" when an entity or individual has failed to meet the terms of a loan, debt, or contract, typically involving significant financial consequences. It's crucial in financial or legal discussions.