"Debt default" refers to a situation when someone or an organization fails to pay back the money they owe to others at the agreed-upon time. It often happens when borrowers struggle financially and are unable to fulfill their loan obligations, leading to a breach of the repayment agreement.
Full definition
Similar and related words and phrases are presented below.
«debt»
«default»
Related phrases
Phrases with «debt default»
Sentences with «debt default»