default
/dɪˈfɔlt/
Examples
The bank initiated foreclosure proceedings after the borrower went into default on their mortgage payments.
차용인이 주택 담보 대출 상환을 연체하자, 은행은 근저당 경매를 시작했다.
The company was placed in default after failing to make three consecutive payments on the loan.
회사는 대출금을 연속 세 차례 상환하지 못한 후 채무 불이행 상태에 놓였습니다.
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