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Events of default |
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Events of defaultContractually specified events that allow lenders to demand immediate repayment of a debt.Events of default Similar MatchesDefaultDefaultFailure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bond indenture. Notice of defaultNotice of defaultA lender's initial action when a mortgage payment is late and attempts to reconcile the issue out of court have failed. DefaultDefaultFailure by a debtor to meet the terms of a loan either by not paying interest due or not repaying the capital due. Default premiumDefault premiumA differential in promised yield that compensates the investor for the risk inherent in purchasing a corporate bond that entails some risk of default. DefaultDefaultFailure to repay a loan. International loans by governments and private agents lack mechanisms to deal with default, comparable to the legal mechanisms that exist within countries. Further SuggestionsPayment defaultCross default |
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