Definition of payment default - Reverso English Dictionary
Noun
financefailure to pay money owed by the agreed or required time
- The lender reported a payment default after three missed mortgage installments.
- The contract specifies penalties in the event of a payment default.
- Their credit score plummeted after a major payment default on the loan.
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Expressions with payment
bribe given secretly to influence someone
The official accepted an under-the-table payment to approve the deal.
illegal payment to influence someone
The company was accused of making grease payments to secure contracts.
small bribe to expedite a process
The manager requested a lubrication payment to speed up the shipment.
compensation to employees if company is taken over
Employees were assured parachute payments in case of a hostile takeover.
leave quickly without paying for goods or services
He tried to make off without payment at the restaurant.
system for paying bills automatically
Automatic bill payment ensures your bills are paid on time.
payment made using physical money
The store only accepts cash payment for purchases under $10.
last payment to settle a debt or obligation
She made the final payment on her car loan.
complete settling of a debt by paying the entire amount owed
Full payment is required before the keys to the apartment are handed over.
plastic card for paying goods or services
She used her payment card to buy groceries.
way to pay for goods or services
Credit card is a common payment method.
sum due on a set schedule, paid repeatedly over time
Her regular payment was due on the first of each month.
mistake where the same bill or debt is paid two times
A double payment happened because the invoice was processed twice.
first sum of money paid at the start of an agreement
An initial payment is required when you sign the rental contract.
regular amount of money paid once each month for something owed
Her car loan has a high monthly payment.
money transfer made through the internet to pay for goods or services
The store accepts online payment through credit cards and digital wallets.
arranged schedule allowing a sum of money to be paid in parts
We set up a payment plan to cover the hospital bill over twelve months.
money paid before a service or product is received
He made an advance payment for the car to secure its delivery..
repeatedly ask someone to pay money they owe
They had to chase him for payment every week.
benefit provided by government or insurance for disabled individuals
He applied for disability payment after his accident.
initial payment for securing a purchase
They made a down payment on the new car.
payment made at the time of purchase
The store offers a discount for immediate payment.
the frequency at which payments are made
The loan has a monthly payment rate.
Expressions with default
automatically without active choice or intervention
The computer starts in safe mode by default.
failing to fulfill an obligation
He was sued for being in default on his loan payments.
become the winner because the other side cannot compete
She will win by default if he doesn't show up.
language someone normally uses when speaking or writing unless requested otherwise
English is her default language when emailing international clients.
fail to pay a debt or loan
He defaulted on his student loans.
option automatically chosen if no alternative is specified
The default option is to save files in PDF format.
the normal condition of something
The computer will return to its default state after a restart.
in absence of something expected or required, another option or result applies
In default of better evidence, the jury relied on the witness’s story.
standard reply used when no specific statement has been prepared
The company released a default message after the outage, offering a brief apology.
fallback option used when no other choice is available
The system reverted to the default route after the error.
prechosen configuration used by a system when no changes are made
The phone reverted to its default setting after the battery was removed.
preselected behavior that happens automatically when no different choice is made
Pressing Enter will trigger the default action in this dialog box.
web program automatically used to open links on a device
On this laptop, the default browser is set to open all email links.
printer automatically chosen by a computer when no other is selected
Change the default printer before you print the document.
standard screen layout shown first when software opens or resets
You can customize the default view setting to hide the side panel.
extra interest charged on a loan after missed or late payments
The lender began charging default interest after the third missed installment.
chance that a borrower will not fully repay owed money
Investors demand higher yields on bonds with greater default risk.
network device that forwards traffic to external networks when no route matches
Set the default gateway to the router's IP address in the network settings.
written warning of missed payment or obligation
The bank sent a default notice for the missed mortgage payment.
share of borrowers failing to repay within a set time
The bank raised rates after the default rate increased last year.
preset value used when no other value is provided
The system uses a default value if no input is given.
financial contract transferring credit risk between parties
The bank used a credit default swap to hedge its risk.
legal decision due to one party's inaction
The court issued a default judgement against the absent defendant.
Terms related to payment default
💡 Terms in the same lexical field: analogies, antonyms, common collocates, words with same roots, hypernyms…
View all translations of payment default
✨Click below to see the appropriate translations facing each meaning.
- French:défaut de paiement, ...
- German:Zahlungsausfall, ...
- Italian:inadempimento di pagamento, ...
- Spanish:incumplimiento de pago, ...
- Portuguese:incumprimento de pagamento, ...
- Chinese:付款违约, ...
- Japanese:支払い不履行, ...
- Arabic:تَخَلُّفٌ عَنِ السَّدَاد, ...
- Hebrew:מֶחְדַּל תַּשְׁלוּם, ...
- Russian:просрочка платежа, ...
- Ukrainian:просрочка платежу, ...
- Hindi:भुगतान चूक, ...
- Bengali:পরিশোধে ব্যর্থতা, ...
- Catalan:impagament, ...
- Czech:platební prodlení, ...
- Danish:betalingsmisligholdelse, ...
- Dutch:betalingsverzuim, ...
- Greek:αθέτηση πληρωμής, ...
- Hungarian:fizetési mulasztás, ...
- Khmer:ការខកខានបង់ប្រាក់, ...
- Korean:지급 불이행, ...
- Persian:عدم پرداخت, ...
- Polish:zaległość płatnicza, ...
- Portuguese (BR):inadimplência, ...
- Romanian:neplată la scadență, ...
- Swedish:betalningsförsummelse, ...
- Thai:การผิดนัดชำระหนี้, ...
- Turkish:ödeme temerrüdü, ...
- Vietnamese:vỡ nợ thanh toán, ...
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