Business / Finance / Default: A bond issued with a very low coupon or no coupon that sell at a price far below par value. A bond that has no coupon is called a zero-coupon bond.

Other Words for Default

Default Verb Synonyms: failure, fault, defect, neglect, negligence, dereliction, lapse, oversight, non-performance, non-fulfilment, inaction
Default Noun Synonyms: non-payment, delinquency

Notice Of Default

Business / Real Estate / Notice Of Default: A notice to a defaulting party announcing that a default has occurred. The defaulting party is usually provided a grace period during which to cure the default. Notices of default are frequently provi MORE


Business / Finance / Cross-Default: Describes the volatility of returns on international investments caused by events associated with a particular country as opposed to events associated solely with a particular economic or financial ag MORE

Default Risk

Business / Finance / Default Risk: A differential in promised yield that compensates the investor for the risk inherent in purchasing a corporate bond that entails some risk of default. MORE

Default Page

Business / Internet Marketing / Default Page: The default page setting should be set to whatever the default (or index) page is in your site's directories. Usually, this will be 'index.html', but on Windows IIS servers, it is often 'Default.htm' MORE

Events Of Default

Business / Finance / Events Of Default: A statistical study that examines how the release of information affects prices at a particular time. MORE

Default Notice

Business / Debt / Default Notice: This is a letter reminding a debtor that they haven't paid their debt. This must be issued by a creditor in respect of debts covered by the Consumer Credit Act 1974 before any further action is taken. MORE