Jisho

×
さいこう 債務不履行
Noun
1. default on a debt
Wikipedia definition
2. Default (finance)In finance, default occurs when a debtor has not met his or her legal obligations according to the debt contract, e.g. has not made a scheduled payment, or has violated a loan covenant (condition) of the debt contract. A default is the failure to pay back a loan. Default may occur if the debtor is either unwilling or unable to pay their debt. This can occur with all debt obligations including bonds, mortgages, loans, and promissory notes.
Read “Default (finance)” on English Wikipedia
Read “債務不履行” on Japanese Wikipedia
Read “Default (finance)” on DBpedia

Discussions

to talk about this word.