Defaulted in a sentence

Asked about concealing defaulted loans, he said most banks send fabricated information of defaulted loans to the Bangladesh Bank.

After months of delay, Sri Lanka is stepping up efforts to fast-track its debt restructuring to help secure more funds from the IMF and set its economy back on track after it defaulted in 2022.

And believe Joe Biden when he says, “This nation has never defaulted on its debt.

BDCs are required to maintain minimum asset coverage of 150% providing strong protection to bondholders, which is one of the reasons that no publicly-traded BDC has ever filed for bankruptcy nor defaulted on bondholders in the history of the sector.

But at the time of filing, it had not defaulted on payments to this class of creditors—it had noted, however, that default is “imminent”.

But China's economy hit the buffers this summer as growing numbers of property developers defaulted on debts, caught short in a crackdown on excessive borrowing which began in 2020 and has hamstrung the entire industry.

However, the 28-year-old has since opened up about the experience following being defaulted and then told how the situation would have been different if she had struck a boy instead.

In 2014, when a Chinese solar-panel manufacturer defaulted on bonds, some intoned that this could be China’s “,” referring to another U.S. investment bank that collapsed in 2008.

In a letter sent to Longyard Golf Club members on Wednesday, February 8, owner of the golf course John O'Rourke confirmed the Sydney-based developer Kingdom Developments have defaulted on their contract to purchase the property.

Its clients - mostly the rich and powerful - rarely defaulted on their loans.

Microsoft is rolling out Audience Ads to new placements, such as home, menu, and game screens across games that come defaulted onto Windows computers.

Nine of the 52 – including Argentina, Sri Lanka, Zambia and Lebanon – have already defaulted.

Pristyn Care has not defaulted on any of its contractual obligations.

Ride Aid and Akumin were not part of the fallen angel index, resulting in Bed Bath & Beyond being the only issuer in the fallen angel index that has defaulted so far this year.

Since Sri Lanka defaulted a year ago, a half-million industrial jobs have vanished, inflation has pierced 50% and more than half the population in many parts of the country has fallen into poverty.

Sri Lanka’s foreign private creditors are considering swapping the country’s defaulted bonds for new securities where cash flow is linked to future economic growth.

The team won judgments of $2 million against the fans, including many who defaulted on the contracts because of financial losses during the economic downturn.

Bhopal (Madhya Pradesh): University Grant Commission (UGC) has defaulted 18 universities of Madhya Pradesh for not appointing ombudsperson(s).

Ethiopia, despite the civil war and entering the G20 common framework, continued to pay its coupons but is now struggling and defaulted in December 2023.

If the seller defaulted on the loan, the mortgage lender could foreclose and terminate the contract buyer’s interest in the property.