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Answer for the clue "Act of failing to meet a financial obligation ", 7 letters:
default

Alternative clues for the word default

Word definitions for default in dictionaries

WordNet Word definitions in WordNet
n. loss due to not showing up; "he lost the game by default" act of failing to meet a financial obligation [syn: nonpayment , nonremittal ] loss resulting from failure of a debt to be paid [syn: nonpayment , nonremittal ] [ant: payment ] an option that ...

Wikipedia Word definitions in Wikipedia
Default may refer to: Default (law) , the failure to do something required by law Default effect (psychology) , the option that a chooser receives if s/he does nothing Default judgment Default (finance) , failure to satisfy the terms of a loan obligation ...

The Collaborative International Dictionary Word definitions in The Collaborative International Dictionary
Default \De*fault"\, v. i. [imp. & p. p. Defaulted ; p. pr. & vb. n. Defaulting .] To fail in duty; to offend. That he gainst courtesy so foully did default. --Spenser. To fail in fulfilling a contract, agreement, or duty. To fail to appear in court; to ...

Usage examples of default.

When Abies defaulted on his scheduled court appearance, he forfeited his surety, the cabin, and was declared a federal fugitive.

Equally consistent with the requirements of due process is a statutory procedure whereby a prosecutor of a case is adjudged liable for costs, and committed to jail in default of payment thereof, whenever the court or jury, after according him an opportunity to present evidence of good faith, finds that he instituted the prosecution without probable cause and from malicious motives.

In default of fulminate, he could easily obtain a substance similar to guncotton, since he had azotic acid at his disposal.

Yee Wung took unto himself a sturdy cane, called in the defaulting Ah Meng, and, having batooned that unlucky servitor with much spirit and satisfaction, kicked him out again, re-locked the door, and mounted upon a step-ladder to search an upper shelf.

The leftovers, a platoon of underweight, spastic, nearsighted children, were delegated by default to the coachless sixth team.

Emilie and Armelline were great friends, but their prejudices on the subject of sensual enjoyment were so strong that I could never get them to listen to licentious talk, to allow certain small liberties which I would gladly have taken, or to afford me those pleasures of the eyes that we accept in default of better things.

June Forsyte notwithstanding coverture shall by her last Will and Testament or any writing or writings in the nature of a Will testament or testamentary disposition to be by her duly made signed and published direct appoint or make over give and dispose of the same And in default etc.

But besides escheats from default of heirs, those which ensued from crimes or breach of duty towards the superior lord were frequent in ancient times.

I need names -- all those who defaulted on loans from Mistress Fitt and were about to be sued, and all those from whom she cozened larger penalties than she ought to have been due.

Family had died fighting on both sides on Golgotha that Elias found himself made the most senior member of his Family by default, and was invited to come home at last.

In default of these, minds were lapsing towards crude and base self-seeking and entirely individualistic aims.

The ladies de Ventadour and du Lude obtained by default letters of administration as heiresses without liability, which were granted out of the Chatelet.

Queen of the Underhill, any contract awarding the payee rights to a human in return for services rendered or in case of default is classified as a blood bargain and is legally unenforcable.

Furthermore, a foreign corporation which, after leaving a State and subsequently dissolving, failed to obey a statutory requirement of that State that it maintain therein a resident agent until the period of limitations shall have run, or, in default thereof, that it consent to service on it through the Secretary of State, could not complain of any denial of due process because that statute did not oblige the Secretary of State to notify it of the pendency of an action.

Heaths, or places abounding in wild flowers, constitute the best neighbourhood for an apiary, and in default of this pasturage, there should be gardens where flowers are cultivated, and fields in which buck-wheat, clover, or sainfoin, is sown.