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"Now it's a very common, almost widespread, default action for dispute resolution," he said.
The new code of practice, however, suggests a move away from the widespread default model of one-to-one TA support.
Big banks in France and Germany would be devastated if there was widespread default in Greece or Portugal, since they have done most of the lending.
Class resentment has waxed and waned in this country, but it is not typically a widespread, default emotion of the American middle class.
And we made that bargain over two centuries ago". — FBI Director James Comey explains why he believes widespread default encryption to be an affront to the delicate balance between privacy and security that defines life in America.
He said it was already demonstrating that debt forgiveness was a useful tool that did not lead to widespread default by homeowners who could still pay their mortgages, and said banks were increasingly using it as part of their loan modifications.
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The world would be staring at widespread defaults on corporate and government debts.
The result was widespread defaults on foreign debts, financial distress and the collapse of international capital flows.
Reducing this ratio will require widespread defaults, rapid inflation or a prolonged period of higher savings rates.
But heavy concentrations of loans to particular countries or industries that suffer widespread defaults can do so.
SUCH secrecy raised hackles because the insurance claims were paid off in full, even though widespread defaults on the underlying debt have not occurred.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com