Default Explained

Default, as in failing to meet an obligation, may refer to:

• Default (law)
  • Default judgment
• Default (finance), failure to satisfy the terms of a loan obligation or to pay back a loan^[1]

Default, as a result when no action is taken, may refer to:

• Default (computer science), a preset setting or value
• Default logic

It may also refer to:

• Default (band), a Canadian post-grunge and alternative rock band
• defaults (software), a command line utility for plist (preference) files

Notes and References

1. Book: Sullivan, arthur. Arthur O' Sullivan

   . Arthur O' Sullivan. Steven M. Sheffrin. Economics: Principles in action. Pearson Prentice Hall. 2003. Upper Saddle River, New Jersey 07458. 261. 0-13-063085-3.