we are defaulting

USAGE SUMMARY

The phrase "we are defaulting" is correct and usable in written English.
It can be used in contexts related to finance, obligations, or agreements, indicating that someone is failing to meet a required payment or obligation. Example: "Due to unforeseen circumstances, we are defaulting on our loan payments, which may lead to serious consequences."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

"What participant in the market would want to buy our debt as we are defaulting on other obligations?" asked Ms. Miller.

The New York Times

"If we don't completely transform education, we are defaulting on the American dream".

BBC

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

Yet, on the other hand, we have to take an honest look at what hairstyles we're defaulting to... defaulting being the operative word.

Huffington Post

We're defaulting in the crucial competition to gain leadership in the new green industrial revolution that will define the growing markets of the world.

Huffington Post

Patients are defaulting.

Global Health Action

Q: Is it true that we'll be defaulting if you don't raise that debt limit?

Huffington Post

"We had people who were defaulting on their mortgages, but kept paying on their time-share" because "they could still look forward to a vacation".

Los Angeles Times

All parameters used were default.

BMC Genomics

Nudges are default choices.

The New York Times - Tech

But there are defaults and there are defaults.

The Economist

Where are default rates going?

Forbes

Expert writing Tips

Best practice

When using "we are defaulting", clearly specify on what obligations or agreements you are defaulting to avoid ambiguity and provide context to your audience.

Common error

Avoid using "we are defaulting" without specifying what obligations are not being met. This can create confusion and uncertainty. Always provide context.

Linguistic Context

The phrase "we are defaulting" functions as a declarative statement indicating a present action of failing to meet obligations. Ludwig AI confirms this usage through numerous examples where entities acknowledge their inability to fulfill financial or contractual duties.

Expression frequency: Common

Frequent in

News & Media

80%

Science

20%

Formal & Business

0%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, the phrase "we are defaulting" is a grammatically sound and commonly used expression to declare a failure to meet obligations, often of a financial nature. Ludwig AI validates its correctness and widespread application, particularly in news and media contexts. When employing this phrase, ensure to clearly specify the obligations that are not being met to prevent ambiguity. Alternatives such as "we are failing to meet our obligations" or "we are not fulfilling our commitments" can provide alternative phrasing with similar meaning.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

we are entering into default

Focuses on the process of beginning to default.

we are failing to meet our obligations

Replaces 'defaulting' with a more descriptive phrase indicating failure to meet responsibilities.

we are not fulfilling our commitments

Uses 'commitments' instead of 'obligations', focusing on promises not being kept.

we are facing default

Indicates that the organization is in danger of failing to meet its obligations.

we are in breach of contract

More formal, specifically related to legal agreements.

we are reneging on our agreements

Emphasizes the act of going back on a promise or deal.

we are not honoring our debts

Specifically highlights the failure to pay back money owed.

we are falling behind on payments

Focuses on the gradual process of not meeting financial obligations.

we are becoming insolvent

Describes a state of being unable to pay debts, a consequence of defaulting.

we are in a state of non-compliance

Indicates a failure to act according to an order or request.

FAQs

What does it mean when someone says "we are defaulting"?

It means that an entity is failing to meet its financial or contractual obligations. This could involve not paying debts, violating agreements, or failing to fulfill responsibilities.

What are the potential consequences of "we are defaulting"?

The consequences can be severe, including financial penalties, legal action, damage to reputation, and loss of assets. The specific ramifications depend on the nature of the defaulted obligation.

What can I say instead of "we are defaulting"?

You can use alternatives like "we are failing to meet our obligations", "we are not fulfilling our commitments", or "we are facing default" depending on the context.

Which is correct, "we are defaulting" or "we are in default"?

Both are correct, but they have slightly different meanings. "We are defaulting" describes the action of failing to meet obligations, while "we are in default" describes the state of having failed to meet those obligations.