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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 MatchesNotice 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. 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 by a debtor to meet the terms of a loan either by not paying interest due or not repaying the capital due. DefaultDefaultFailure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bond indenture. Cross defaultCross defaultA provision under which default on one debt obligation triggers default on another debt obligation. Further SuggestionsDefaultPayment default |
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