Example sentences for: defaulted

How can you use “defaulted” in a sentence? Here are some example sentences to help you improve your vocabulary:

  • The same accounting that is used for post-1991 direct loans is also used for pre-1992 direct loans that were modified and transferred to financing accounts; loans receivable arising from defaulted post-1991 guaranteed loans; and loans receivable arising from defaulted pre-1992 guaranteed loans that were modified and transferred to financing accounts.

  • Between 1989 and 1993, 48,000 students received Pell Grant overpayments; 35,000 received Pell Grants from two separate schools simultaneously; and 101,000 students, ineligible for Pell Grants because they had defaulted on federally guaranteed loans, received them anyway.

  • The holder in due course must have met the legal requirements of presentation and delivery of the instrument to the maker of a note or acceptor of a draft and must have found that this legal entity has refused to pay for or defaulted in payment of the instrument.

  • In the late 1870s, he defaulted on a loan from rancher Archibald Stewart, so Stewart took the Las Vegas Ranch for his own.

  • Consider just the Pell Grants for students who have already defaulted on past loans: That one mistake cost $210 million.


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