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Definition of “default” - English Dictionary

"default" in American English

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defaultverb [I]

 us   /dɪˈfɔlt/
to ​fail to do something, such as ​pay a ​debt, that you ​legally have to do: The ​company defaulted on a $133 million ​loan.

defaultnoun

  • default noun (FAILURE TO DO)

 us   /dɪˈfɔlt, ˈdi·fɔlt/ [C/U] a ​failure to do something that you ​legally have to do, such as ​pay a ​debt: [C] Defaults ​rose to 4 ​percent of all the bank’s ​loans.
 us   /dɪˈfɔlt, ˈdi·fɔlt/ [C/U] In ​sports, to ​win or ​lose by default is to ​win or ​lose because one ​side did not ​compete: [U] Humphrey never ​showed up, so Wilson ​won by default.
  • default noun (STANDARD SETTING)

 us   /ˈdi·fɔlt, dɪˈfɔlt/ [U] a ​standard setting esp. of ​computersoftware, such as of ​typesize or ​style: The default ​color of ​text on the ​screen is ​black.
(Definition of default from the Cambridge Academic Content Dictionary © Cambridge University Press)







"default" in British English

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defaultverb [I]

uk   /dɪˈfɒlt/  us   /dɪˈfɑːlt/

defaultnoun

uk   /dɪˈfɒlt/ /ˈdiː.fɒlt/  us   /dɪˈfɑːlt/
  • 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 ​betteralternative, we will have to ​proceed with the ​originalplan.
  • default noun (FAIL)

[C or U] a ​failure to do something, such as ​pay a ​debt, that you ​legally have to do: Defaults onloanrepayments have ​reached 52,000 a ​month. Any default onyourmortgagepayments may ​mean you will ​loseyourhouse. Since they ​refuse to ​reply, I ​think we've ​won the ​argument by default (= because of ​theirfailure to ​act). The ​nationalstudentloan default rate (= the ​number of ​peoplefailing to ​pay) is ​estimated at one in ten.
(Definition of default from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"default" in Business English

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defaultnoun [C or U]

uk   us   /dɪˈfɔːlt/
FINANCE the fact of not ​payinginterest or other ​money that is ​owed on ​time: Many ​experts say a default would ​raiseinterestrates in the future because the ​government would be seen as a higher-risk ​borrower. Any default on the ​interestpayments will have serious consequences. Creditors are ​frequentlyobliged to ​terminate the ​consumercreditagreement because the ​debtor is in default.
LAW the fact of not ​keeping to an ​agreement or contract: There will be a ​jointgovernmentreview of the ​agreement if there is any default.
IT the way that something will ​happen or appear ​automatically, especially on a ​computer, if you do not make any different choices: Checking this ​boxmeans that your ​computer will now use this ​printer as the default. The default is to ​provide a ​statement monthly. This is the default setting, but you can ​change it by going to the Options ​menu. We ​recommend using the defaults that are already set.
by default
happening or done because no ​formalchoice or decision has been made: The fear was that unless IAS was ​adopted, US ​accountingprinciples would become the ​worldstandard by default.

defaultverb [I]

uk   us   /dɪˈfɔːlt/
FINANCE to ​fail to ​payinterest or other ​money that is ​owed: default on a payment/a mortgage/your rent If a ​company defaults on its ​rent, another ​tenant can be ​found. I have never defaulted or been late with previous ​payments.
LAW to ​fail to ​keep to an ​agreement or contract: default on an agreement/a contract They ​claimed that ​educationproviders had defaulted on their ​agreement with ​students to ​provide a ​course.
IT to ​happen or appear ​automatically in a particular way, if a ​user does not make a different ​choice: If you do not ​enter a ​value it will default to a delay of 20 ​seconds.
(Definition of default from the Cambridge Business English Dictionary © Cambridge University Press)
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“default” in Business English

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