Sentence examples similar to if default happens from inspiring English sources

If last-ditch talks beginning Saturday fail, they will have to take responsibility if the unimaginable — a government default — happens in 10 days and the checks stop going out.

The first default happens after maturity.

And Russia's debt default happened as late as last year.

Of course defaults happen.

"If the government bailed out a bank, don't you think they'd bail out a state?" But there is another more pressing issue than an outright default: what happens if an investor wants to sell the bonds before the maturity date?

The simplest definition of default is that, default would happen if the City of New York failed to satifify its debts as they came due.. Tells what would happen when the city's creditors tried to collect their money.

Wait until default actually happens.

If a debtor assumes a contract, it must cure all past defaults, and if that happens, Calpers is happy.

If the builders default, as happened on some nuclear construction projects in the 1980s, the taxpayer liabilities could run into the billions of dollars.

Analysts say there is no necessary reason why a Greek default – if it happened – would in itself damage monetary union.

So it's by some strange default that it happens.