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English definition of “default”

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default

verb [I] uk   /dɪˈfɒlt/ us    /-ˈfɑːlt/
to fail to do something, such as pay a debt, that you legally have to do: People who default on their mortgage repayments may have their home repossessed.
Phrasal verbs

default

noun uk   /dɪˈfɒlt/ /ˈdiː.fɒlt/ us    /-ˈfɑːlt/

default noun (RESULT)

[U] the thing that exists or happens if you do not change it intentionally by performing an action: Unless something else is agreed, the default is to meet at the hotel at 7.00 p.m. The computer will take 0 as the default value, unless you type in something different. formal In default of (= because there is not) any better alternative, we will have to proceed with the original plan.

default noun (FAIL)

[C or U] a failure to do something, such as pay a debt, that you legally have to do: Defaults on loan repayments have reached 52,000 a month. Any default on your mortgage payments may mean you will lose your house. Since they refuse to reply, I think we've won the argument by default (= because of their failure to act). The national student loan default rate (= the number of people failing to pay) is estimated at one in ten.
(Definition of default from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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