from The Century Dictionary.
- noun One who makes default; one who fails to fulfil an obligation or a duty of any kind; especially, one who fails to appear in court when required, or to pay a debt when due, or to make proper returns of funds intrusted to his care.
- noun In the British service, a soldier accused of a military offense.
from the GNU version of the Collaborative International Dictionary of English.
- noun One who makes default; one who fails to appear in court when court when called.
- noun One who fails to perform a duty; a delinquent; particularly, one who fails to account for public money intrusted to his care; a peculator; a defalcator.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun one who fails to fulfill an
obligationor perform a task, especially a legal or financial one.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a contestant who forfeits a match
- noun someone who fails to make a required appearance in court
- noun someone who fails to meet a financial obligation
Sorry, no etymologies found.
Of course, either defaulter is going to appear to be "over his head."
The home is now going to be owned by someone who can make ends meet, and the defaulter will be able to apply his resources to things he wants.
Lord Mahon, and perhaps a long day; and I must go down early, because I was yesterday when the House was called a defaulter; so I shall dine there, and after dinner I will collect upon paper what I hear of the transactions of the day.
We shall have a great deal of abuse, and reply and declamation from Bourk (148) (Burke), and vociferation from Lord Mahon, and perhaps a long day; and I must go down early, because I was yesterday when the House was called a defaulter; so I shall dine there, and after dinner I will collect upon paper what I hear of the transactions of the day.
In another case the defaulter was the son of a dissenting minister.
The notional $1.14 quadrillion (as reported by the Bank for International Settlements, which is in Switzerland) only becomes real (and frightfully dangerous) if either counterparty to a derivative goes bankrupt and if the defaulter is a major institution.
Claiming some local newspapers have published reports that the Ministry of Finance is allegedly trying to manipulate definitions of certain terms specified in the law in favor of some groups, Al-Saadoun argued the new law clearly defines the terms, 'defaulter', 'consumer' and 'installment loan'.
For example, don't say "The term 'defaulter' shall mean …" Rather say, "The term 'defaulter' means …"
Under the legislation, a person who fails to vote for reasons other than those mentioned on the list of exemptions would be declared a "defaulter".
The EC said a person will be considered 'defaulter' if he or she has defaulted on loan or a portion of loan.