Results 1 to 5 of 5
  1. #1
    guliver is offline Junior Member
    • Member Info
      • Member Type:
      • Student or Learner
      • Native Language:
      • Brazilian Portuguese
      • Home Country:
      • Brazil
      • Current Location:
      • Brazil
    Join Date
    Oct 2010
    Posts
    74
    Post Thanks / Like

    Default What does "default" in this context mean?

    People who default on their mortgage repayments may have their home repossessed.

    I didn't get it :/

  2. #2
    Afit is offline Member
    • Member Info
      • Member Type:
      • English Teacher
      • Native Language:
      • Dutch
      • Home Country:
      • Europe
      • Current Location:
      • Europe
    Join Date
    Jul 2011
    Posts
    173
    Post Thanks / Like

    Default Re: What does "default" in this context mean?

    fail to fulfil their payment duties

  3. #3
    guliver is offline Junior Member
    • Member Info
      • Member Type:
      • Student or Learner
      • Native Language:
      • Brazilian Portuguese
      • Home Country:
      • Brazil
      • Current Location:
      • Brazil
    Join Date
    Oct 2010
    Posts
    74
    Post Thanks / Like

    Default Re: What does "default" in this context mean?

    To repossess = to lose?

    Will people loose their home in this context?
    Last edited by guliver; 25-Sep-2011 at 21:18.

  4. #4
    SoothingDave is offline VIP Member
    • Member Info
      • Member Type:
      • Interested in Language
      • Native Language:
      • American English
      • Home Country:
      • United States
      • Current Location:
      • United States
    Join Date
    Apr 2009
    Posts
    9,639
    Post Thanks / Like

    Default Re: What does "default" in this context mean?

    Yes, if the bank "re-possesses" (takes possession again) the borrowers will lose their home.

    Note: "Lose" and "loose" are two different words.

  5. #5
    guliver is offline Junior Member
    • Member Info
      • Member Type:
      • Student or Learner
      • Native Language:
      • Brazilian Portuguese
      • Home Country:
      • Brazil
      • Current Location:
      • Brazil
    Join Date
    Oct 2010
    Posts
    74
    Post Thanks / Like

    Default Re: What does "default" in this context mean?

    Yeah, I knew it! Sorry... I made a mistake!

    Thank very much guys!

Similar Threads

  1. Replies: 19
    Last Post: 16-Apr-2011, 11:30
  2. The word "Feedback" in context and Grammar check
    By flin8812 in forum Ask a Teacher
    Replies: 3
    Last Post: 13-Oct-2010, 23:04
  3. Replies: 1
    Last Post: 14-Mar-2010, 15:16
  4. [General] wat dose "same pen"mean in this context?for God sake!
    By mehdi4u in forum Ask a Teacher
    Replies: 1
    Last Post: 03-Nov-2008, 13:02
  5. meaning of "anal retentives" in this context?
    By unregistered in forum Ask a Teacher
    Replies: 2
    Last Post: 05-Mar-2007, 12:15

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •