default

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default

1. a failure to act, esp a failure to meet a financial obligation or to appear in a court of law at a time specified
2. judgment by default Law a judgment in the plaintiff's favour when the defendant fails to plead or to appear
3. Computing
a. the preset selection of an option offered by a system, which will always be followed except when explicitly altered
b. (as modifier): default setting

default

[di′fȯlt]
(computer science)
A value automatically used or an action automatically carried out unless another is specified.

default

A substantive failure to fulfill a material obligation under a building contract.

default

The pre-set value or action taken by software. Application programs have many defaults, including margin settings, font style, the printer that should be used and the folder name for saving files. Although pre-determined by the vendor, a default setting can be changed by the user (see settings).

Because a particular setting may affect how the hardware operates, there are also "hardware defaults." However, unless there are physical switches or levers on the equipment, the hardware default setting is configured in the software.

Default is also a verb. For example, "the program defaults to xyz," means that the program does xyz unless directed otherwise. See default browser, default folder, default drive, default font and default gateway.
References in periodicals archive ?
The banks involved in the loan default, apart from BoB are Bank of India, Bank of Maharashtra, Indian Overseas Bank, Union Bank of India, Allahabad Bank and Oriental Bank of Commerce.
Sensitivities to lower recoveries are not displayed as those rely on the funded loan default account.
Several governments have published lists to expose big defaulters and various committees and commissions have given reports blaming governments, politicians, bureaucrats, and regulatory agencies, including the State Bank of Pakistan, for failure to perform their functions, Experts and economic journalists have analysed extensively the implications of large scale loan defaults for the financial system, for the economy and for the socio-economic trends in the country.
4% TTM loan default rate resulted primarily due to bankruptcies from Ocean Rig UDW Inc.
During the hearing, petitioners' counsel said that the NAB issued notices to the petitioners for inquiry into a Rs 345 million loan default matter against them.
The community colleges are deeply committed to minimizing student loan defaults, and this commitment is reflected in the small number of students who receive loans at our 106 colleges.