A defaulter is a person or entity who fails to fulfill or meet their obligations or promises, especially in regards to payments of money or debts. Full definition
Rent Check by a subsidiary of Rent Bureau of Canada who should maintain the past names and even possibly addresses of defaulters of rental arrears granted by the courts but not paid. (remonline.com)
Fannie Mae says that it will pursue deficiency judgments against strategic defaulters in states where that recourse is available to lenders. (totalmortgage.com)
Strategic defaulters who bailed on their mortgage during a difficult economy are coming back to the market. (nbcnews.com)