What does default mean? defaultNoun A breach of contract that would be an event of default if a grace period elapses, a notice of default is given or a determination of default is made. Related Item(s):What is CRE debt seniority?What is a recourse, limited recourse and nonrecourse assignment?What is default? 2024-09-11T14:19:16+02:00 Share the knowledge! Choose your platform: FacebookXRedditLinkedInTumblrPinterestVkEmail Leave A Comment Cancel replyYou must be logged in to post a comment.
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