default


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Related to default: Default gateway

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 classic literature ?
Still in default of practical experience what was the value of mere theories?
Also, I have promised to kill him if he defaults on me.
8, 2011 /PRNewswire/ -- Faced with high unemployment and strategic default rates, mortgage investors are more focused than ever before on achieving greater transparency into the collateral health of non-agency mortgage-backed securities.
Only one company defaulted in May, lifting the year-to-date default count slightly up to 23.
Thigpen was able to get the default judgment set aside--not canceled--on grounds of excusable neglect and mistaken identity, thereby blocking the wage garnishment until the mother and child settled the question once and for all by checking their DNA against Pierce's.
In all events, Madison argued, it could not have waived Bentley's monetary default because the lease contained a non-waiver provision.
Across industries over the coming year, Moody's expects default rates to be highest in the Business Service sector in Europe and the Consumer Transportation sector in the US.
An average of 33,615 notices of default, or NODs, have been filed quarterly since 1992, when DataQuick's NOD statistics begin.
In this case, the judge said the broker and the seller circumscribed the broker's rights to a commission in a written brokerage agreement which provided for a commission only when title closed, except if as a result of the willful default of the seller.
Ted Goldstein of the City Attorney's Office said the default has not yet been entered by a judge and that the city is appealing to be given another chance.
The cohort default rate is defined by the Higher Education Act as the percentage of the total number of borrowers who defaulted and had a default claim paid by the guaranty agency from Oct.
As of YE 2008, Fitch's CMBS default study universe tracks 363 transactions and 57,026 loans, totaling almost $540 billion.