defaulter

[ dih-fawl-ter ]

noun

1. a person who defaults or fails to fulfill an obligation, especially a legal or financial one.
2. British. a soldier convicted by court-martial.

defaulter

/ dɪˈfɔːltə /

noun

1. a person who defaults
2. a person, esp a soldier, who has broken the disciplinary code of his service

Word History and Origins

Origin of defaulter¹

First recorded in 1660–70; default + -er ¹

Example Sentences

The Economy Ministry is always a hot seat, with Argentina a nine-time debt defaulter caught in a decades-long boom-and-bust cycle.

From Reuters

"How can the worst serial defaulter in the emerging markets asset class continue to receive preferential treatment compared to other EM nations with macroeconomic troubles?" said Walter Stoeppelwerth, chief strategist at financial firm Gletir SA.

From Reuters

"How can the worst serial defaulter in the emerging markets asset class continue to receive preferential treatment compared to other EM nations with macroeconomic troubles?" said Walter Stoeppelwerth, chief strategist at financial firm Gletir SA.

From Reuters

"How can the worst serial defaulter in the emerging markets asset class continue to receive preferential treatment compared to other EM nations with macroeconomic troubles?" said Walter Stoeppelwerth, chief strategist at financial firm Gletir SA.

From Reuters

The South American country, a serial defaulter that has struggled for years with inflation and currency crises, struck a $57 billion loan deal with the IMF in 2018, which failed and was replaced last year with a new $44 billion program.

From Reuters

Related Words

• deadbeat
• debtor