How Do You Spell DEFAULTED?

Pronunciation: [dɪfˈɒltɪd] (IPA)

The word "Defaulted" is pronounced as /dɪˈfɔːltɪd/. This word refers to a situation where a borrower fails to fulfill their obligations to pay back the loan according to the agreed terms. The spelling of "Defaulted" follows the English language's convention of using the letters "de-fau-lted" to convey its pronunciation /dɪˈfɔːltɪd/. The "default" part of the word comes from the Latin word "defaultere," which means to fail. Overall, "Defaulted" has become an essential term in the finance industry, especially while discussing loan repayments.

DEFAULTED Meaning and Definition

  1. Defaulted can be defined as the failure of an individual, organization, or entity to fulfill their financial or contractual obligations within a specified period. It refers to the situation where the debtor fails to make timely payments on a loan, bond, or other form of debt, or fails to meet the terms and conditions outlined in an agreement or contract.

    In the financial context, defaulting typically occurs when a borrower fails to repay the borrowed amount, including any accrued interest, within the agreed-upon timeframe. This can lead to serious consequences, such as tarnished credit ratings, additional fees or penalties, and legal actions taken by the lender to recover the outstanding debt, including possible foreclosure or repossession.

    Defaulting can also apply to non-financial or contractual matters. For example, a default may occur when a party fails to fulfill their obligations in a lease agreement by not paying rent or violating certain provisions. In such cases, the party who defaulted may be subject to penalties, eviction, or legal action.

    The term "defaulted" carries negative connotations as it implies a breach of trust or failure to meet responsibilities. It is commonly used in legal and financial contexts to describe situations where a party fails to fulfill their agreed-upon obligations, leading to potential financial, legal, or contractual consequences.

  2. Having defect; called out of court as a defendant.

    Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.

Top Common Misspellings for DEFAULTED *

* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.

Other Common Misspellings for DEFAULTED

Etymology of DEFAULTED

The word "defaulted" originates from the Middle English term "defaute" meaning "lack, failure, or defect". It entered English in the late 13th century from the Old French word "defaute", which was derived from the Latin word "defectus", meaning "failure" or "lack". Over time, the word evolved and gained the suffix "-ed" to become "defaulted". In its current usage, "defaulted" typically refers to the failure to fulfill an obligation, particularly financial or legal.

Similar spelling words for DEFAULTED

Conjugate verb Defaulted

CONDITIONAL

I would default
we would default
you would default
he/she/it would default
they would default

FUTURE

I will default
we will default
you will default
he/she/it will default
they will default

FUTURE PERFECT

I will have defaulted
we will have defaulted
you will have defaulted
he/she/it will have defaulted
they will have defaulted

PAST

I defaulted
we defaulted
you defaulted
he/she/it defaulted
they defaulted

PAST PERFECT

I had defaulted
we had defaulted
you had defaulted
he/she/it had defaulted
they had defaulted

PRESENT

I default
we default
you default
he/she/it defaults
they default

PRESENT PERFECT

I have defaulted
we have defaulted
you have defaulted
he/she/it has defaulted
they have defaulted
I am defaulting
we are defaulting
you are defaulting
he/she/it is defaulting
they are defaulting
I was defaulting
we were defaulting
you were defaulting
he/she/it was defaulting
they were defaulting
I will be defaulting
we will be defaulting
you will be defaulting
he/she/it will be defaulting
they will be defaulting
I have been defaulting
we have been defaulting
you have been defaulting
he/she/it has been defaulting
they have been defaulting
I had been defaulting
we had been defaulting
you had been defaulting
he/she/it had been defaulting
they had been defaulting
I will have been defaulting
we will have been defaulting
you will have been defaulting
he/she/it will have been defaulting
they will have been defaulting
I would have defaulted
we would have defaulted
you would have defaulted
he/she/it would have defaulted
they would have defaulted
I would be defaulting
we would be defaulting
you would be defaulting
he/she/it would be defaulting
they would be defaulting
I would have been defaulting
we would have been defaulting
you would have been defaulting
he/she/it would have been defaulting
they would have been defaulting

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