defaulter in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Defaulter: a person or entity that fails to fulfill a financial obligation, such as repaying a loan.
Crossword clues for defaulter
Crossword clue ideas and answer hints for the word "defaulter".
- One who fails to pay back a loan.
- A person who doesn't meet financial obligations.
- Someone in breach of a loan agreement.
- A borrower who defaults on repayments.
- An entity that neglects its financial duties.
Defaulter sentence examples
- The bank took legal action against the defaulter to recover the outstanding loan amount.
- In a surprising turn of events, the defaulter managed to negotiate a settlement with the creditors.
- The company faced severe consequences after being labeled a defaulter for failing to meet its financial obligations.
- Authorities are investigating a network of defaulters who have exploited loopholes in the system.
- Community programs aim to rehabilitate defaulters by providing financial education and support.