Example sentences for: defaulting

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

  • This is why Japanese banks continued to pump money into overbuilt Southeast Asian real estate and Korean "chaebols," and why a third of all the junk bonds issued in the late 1980s ended up defaulting.

  • 2. "As expected, Ecuador announced that it would miss a scheduled $94 million interest payment on its Brady bonds but insisted that it was not defaulting, just deferring to a later date.

  • The description of work inside a frozen foods warehouse, where wheezing lugs destroy their health hefting 80 pound ice bricks of fish sticks, is worthy of Upton Sinclair's The Jungle . The recounting of a brutal "workout" session, in which bankers try to break a defaulting debtor down psychologically, is brilliantly drawn, as are the scenes set in a dehumanized Oakland prison.

  • This may be fertile ground, and taps a background of accusations (against the incumbent mayor's father, against the circuit clerk) and intrigue (about a mysterious murder, and about the mayor himself being barred for life from federal projects after allegedly defaulting on an $8 million HUD loan).

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