Definition of "defaulting" []

• Present participle of default. (verb)

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• "The sooner they begin defaulting in earning, the sooner we can get through this Depression and the sooner we can begin rebuilding on a more stable basis."
• "The choice between inflating or defaulting is predicated on false logic."
• "Folks taking out mortgages that they couldn't afford and then defaulting is not Bush's fault."