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Expect further defaults on debt.
A corporation defaults on debt service if (x
Under Dubai's strict legal code defaulting on debt or bouncing a cheque is punishable with jail.
Until recently, Indians had been spared the worst of the fallout from the current global financial crisis: no mass foreclosures, no banks threatening default under mountains of debt.
WHAT might happen if Greece defaults on its debt?
As insurance, they buy credit-default swaps in case the issuer defaults on its debt.
Defaults on government debt are growing.
Countries like Mexico, Argentina, Brazil and Nigeria defaulted on debt in the 1980s.
Greece defaults on its debts.
WHEN a company defaults on its debts, it typically enters bankruptcy; its assets are sold and the proceeds are divvied up among creditors under court supervision.
"Default, debt ceiling, default, blah blah blah".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com