Sentence examples for the case of default from inspiring English sources

Nations would be required to change their legislation to allow their debt issuers to seize the public assets financed in the case of default.

In the case of default, banks could repossess the property and sell it for more than the amount of the original loan.

Shariah, the legal code of Islam based on the Koran, forbids debt, posing a potential problem for contract enforcement in the case of default.

But, as the University of Arizona law professor Brent T. White has pointed out, mortgage agreements stipulate provisions in the case of default, and thus acknowledge it as a possible outcome.

Mr. Negrin then bought credit-default swaps — instruments that serve as insurance policies on the bonds, in the case of default — and profited when the deal was announced a week later, the S.E.C. said.

Boat loans, like car loans, give the bank permission to recover its collateral in the case of default, which explains why a repo man can go into a yard without technically trespassing.

Its credit value adjustment (CVA) is the expected cost due to interest rate changes as well as the replacement costs in the cases of defaults of both parties.

Firstly, bankruptcy costs are only incurred in the case of a default, while fire sales may also occur if there are no defaults in the system.

Bank of America has bought credit default protection on $1.5 billion of that, helping protecting the bank in the case of a default.

So did prices for credit default swaps, which amount to insurance premiums paid to protect bondholders in the case of a default.

In return for a premium, the seller of a swap promises to cover the full value of a given bond in the case of a default.