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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 ?
Notwithstanding Bally's solicitation of waivers, no assurance can be given that an event of default under the indentures will not occur in the future.
Defaults include missed coupon or principal payments, bankruptcy, or distressed exchanges.
The new 'Fitch Ratings Global Corporate Finance 2004 Transition and Default Study' dated May 16, and other research on the topic of rating migration and default rates is located on Fitch's web site www.
Fitch's complete analysis of 2004 default activity is available on the Fitch Ratings web site at 'www.
According to Equifax analysis, mortgage loan defaults still occur after revolving debt defaults, although, default distance between revolving debt and foreclosed mortgages has decreased since 2005.
The global speculative-grade default rate continued its downward path in May, sliding to 7.
The Automotive and Hotel/Gaming/Leisure industries were the next worse, with 19 defaults in each.
In Los Angeles County, 7,445 property owners received default notices, up an annual 113.
What is unfortunately certain is that landlords and obligees under guaranties and other contracts will have to consider carefully the impact of allowing a default to be cured rather than immediately exercising all rights available at the time, including immediately engaging outside counsel and perhaps commencing litigation as a defensive measure prior to any resolution of defaults.
In Los Angeles County, which is notorious for its sloppy summons service and zealous prosecution of alleged fathers it knows to be innocent, nearly 80 percent of paternity establishments come in the form of default judgments.
There were relatively few defaults in GO bonds, water and sewer, education, transportation, and single-family housing.
IRS income data would make calculations much easier; its clout would make defaults much rarer.