# | Concept | Culture | Statement | Freq. |
---|---|---|---|---|
1 | default | United States | In financial context, default usually refers to failure to repay a loan or meet a financial obligation. | 1 |
2 | default | United States | In financial contexts, default refers to failure to meet a financial obligation such as repaying a loan. | 1 |
3 | default | United States | In financial terms, default refers to failure to repay a debt, which can have serious legal and financial consequences. | 1 |
4 | default | United States | Defaulting on a loan is detrimental to one's credit score and financial reputation. | 1 |