Vocabulary Word
Word: default
Definition: failure to act; failure to perform a task or be present; V.
Definition: failure to act; failure to perform a task or be present; V.
Sentences Containing 'default'
I assented to this proposal, in default of being able to suggest anything else.
The default PIN value is .05, was changed by the researchers to .5 so the insignificant TUCE would make it in.
The pledgee has the right of selling the pledge if the pledgor make default in payment at the stipulated time.
Older versions of Heritrix by default stored the web resources it crawls in an Arc file.
It also serves the Lake Charles, Louisiana market as the market's default CBS station.
codice_6 command replaces any old or default drive icon with the specified one.
As of GNOME 2.16, Orca is the default screen reader of the GNOME platform, replacing Gnopernicus.
WLBZ serves as the default NBC affiliate for the Presque Isle market, which does not have an affiliate of its own.
By passing the legislation, Congress was able to prevent a U.S. government default on its obligations.
As a result, these parents find it easier to default on the implicit contract of family.
In addition, Trisquel and the Midori web browser use DuckDuckGo as their default search engine.
Weinberg states "By default, DuckDuckGo does not collect or share personal information.
In many systems, this is chosen on the basis of the default locale setting on the computer it is read on.
Credit risk, also called "default risk", is the risk associated with a borrower going into default (not making payments as promised).
In finance, a default option, credit default swaption or credit default option is an option to buy protection (payer option) or sell protection (receiver option) as a credit default swap on a specific reference credit with a specific maturity.
Credit default options on single credits are extinguished upon default without any cashflows, other than the upfront premium paid by the buyer of the option, of course.
A full unprovisioning returns Intel AMT to its factory default state.
For example, "DF0:" by default refers to the first floppy drive in the system.
Sarah was sent home by default because she was left without a partner.
In most cases the default state is "yes".
When no arguments are given, then the command queries the default server.
"Note: If there is no data after a DAT statement then the default value 0 is stored in the memory address."
A limited version was included by default as “Desktop Effects” in Ubuntu 7.04.
2010 default.
In January 2010, Tishman Speyer Properties defaulted on the mortgage.
It was the largest commercial mortgage default in U.S. history.
By default, the table is ordered by the number of gold medals won by an NOC.
Credit default swaps have existed since the early 1990s, and increased in use after 2003.
A CDS can be unsecured (without collateral) and be at higher risk for a default.
Description.
These “naked credit default swaps” allow traders to speculate on the creditworthiness of reference entities.
A "credit default swap" (CDS) is a credit derivative contract between two counterparties.
However, factors such as liquidity and estimated loss given default can affect the comparison.
The holder does not need to own the underlying security and does not even have to suffer a loss from the default event.
Another kind of risk for the seller of credit default swaps is jump risk or jump-to-default risk.
Data about the credit default swaps market is available from three main sources.
Credit default swaps can be used by investors for speculation, hedging and arbitrage.
Credit default swaps opened up important new avenues to speculators.
For example, a hedge fund believes that Risky Corp will soon default on its debt.
A CDS in which the buyer does not own the underlying debt is referred to as a "naked credit default swap", estimated to be up to 80% of the credit default swap market.
Because naked credit default swaps are synthetic, there is no limit to how many can be sold.
As a result, the risk of default is magnified leading to concerns about systemic risk.
Some suggest that without credit default swaps, Greece’s borrowing costs would be higher.
Credit default swaps are often used to manage the risk of default that arises from holding debt.
If the loan goes into default, the proceeds from the CDS contract cancel out the losses on the underlying debt.
By buying a credit default swap, the bank can lay off default risk while still keeping the loan in its portfolio.
is widely credited with creating the modern credit default swap in 1994.
National banks in the USA used credit default swaps as early as 1996.
An extended market could not emerge until 1999, when ISDA standardized the documentation for credit default swaps.
Credit default swap and sovereign debt crisis.
The probability of surviving over the interval formula_12 to formula_13 without a default payment is formula_14 and the probability of a default being triggered is formula_15.
A new type of default swap is the "loan only" credit default swap (LCDS).