Default vs Obligation - What's the difference?
default | obligation |
(finance) The condition of failing to meet an obligation.
(electronics, computing) the original software programming settings as set by the factory
A loss incurred by failing to compete.
A selection made in the absence of an alternative.
* {{quote-news
, year=2011
, date=December 15
, author=Felicity Cloake
, title=How to cook the perfect nut roast
, work=Guardian
(often, attributive) A value used when none has been given; a tentative value or standard that is presumed.
(legal) The failure of a defendant to appear and answer a summons and complaint.
(obsolete) A failing or failure; omission of that which ought to be done; neglect to do what duty or law requires.
(obsolete) Fault; offence; wrong act.
* Spenser
* Alexander Pope
To fail to meet an obligation.
To lose a competition by failing to compete.
(computing) To assume a value when none was given; to presume a tentative value or standard.
(legal) To fail to appear and answer a summons and complaint.
The act of binding oneself by a social, legal, or moral tie to someone.
A social, legal, or moral requirement, duty, contract, or promise that compels someone to follow or avoid a particular course of action.
A course of action imposed by society, law, or conscience by which someone is bound or restricted.
(legal) A legal agreement stipulating a specified payment or action; the document containing such agreement.
* 1668 December 19, , “Mr.'' Alexander Seaton ''contra'' Menzies” in ''The Deci?ions of the Lords of Council & Se??ion I (Edinburgh, 1683),
In legal|lang=en terms the difference between default and obligation
is that default is (legal) to fail to appear and answer a summons and complaint while obligation is (legal) a legal agreement stipulating a specified payment or action; the document containing such agreement.As nouns the difference between default and obligation
is that default is (finance) the condition of failing to meet an obligation while obligation is the act of binding oneself by a social, legal, or moral tie to someone.As a verb default
is to fail to meet an obligation.default
English
(wikipedia default)Noun
(en noun)- He failed to make payments on time and is now in default .
- You may cure this default by paying the full amount within a week.
- The team's three losses include one default .
- ''The man became the leader of the group as a default .
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- If you don't specify a number of items, the default is 1.
- This evil has happened through the governor's default .
- And pardon craved for his so rash default .
- regardless of our merit or default
Verb
(en verb)- If you do not make your payments, you will default on your loan.
- If you refuse to wear a proper uniform, you will not be allowed to compete and will default this match.
- If you don't specify a number of items, it defaults to 1.
Anagrams
* ----obligation
English
(wikipedia obligation)Noun
(en noun)- X shall be entitled to subcontract its obligation to provide the Support Services. <
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page 575
- The Pupil after his Pupillarity, had granted a Di?charge to one of the Co-tutors, which did extingui?h the whole Debt of that Co-tutor, and con?equently of all the re?t, they being all correi debendi , lyable by one individual Obligation , which cannot be Di?charged as to one, and ?tand as to all the re?t.