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defaulter

defaulter

1 7.1
A person who fails to pay money they owe
  • noun
  • /dɪˈfɔːltər/
  • Specialized
translation icon : moroso
  • The bank declared him a defaulter after he missed several loan payments.
  • loan defaulters

Examples

  • Furthermore, many defaulters are housing speculators, not families caught up in an adjustable-rate mortgage they did not understand.

    Blog text (32)
  • Blame looks away from those issues and focuses on the defaulter.

    Blog text (11)
  • The figures thus acquired were still subject to error, since subsequent investigation revealed many defaulters.

    Academic text (1990)
  • In one weekend alone, two dozen defaulters had gone to Thohoyandou; maybe there was an anti-insurance convention there.

    Fiction book (1996)
  • In addition, a whole barrage of crippling economic and political reprisals could be directed against any defaulter.

    Academic text (1991)
  • In an attempt to recover money on the defaulted loans, the Education Department paid more than $1.4 billion last fiscal year to collection agencies and other groups to hunt down defaulters.

    Blog text (14)
  • Occupy describes the vast swaths of America's debtors as "an invisible army of defaulters."

    Blog text (27)
  • As a defaulter, she faced legal consequences for failing to repay her debts.

  • The company has become notorious for being a defaulter on its financial commitments.

Synonyms

deadbeat
vsdefaulter
  • Offensive
48 7.6

A person who does not pay money they owe and avoids responsibility

is a neutral failure to meet financial obligations without implying intent
welsher
vsdefaulter
  • Offensive
1 9.9

A person who does not pay money they owe after losing a bet

is a neutral term for failing obligations without gambling or intent
deadbeat customer
vsdefaulter
  • Offensive
7.1

A person who buys but does not pay their bills

is broader, applying to any person missing financial duties
7.8

A person who does not pay money they owe to a bank or credit company on time

covers failing obligations generally, not only late institutional accounts

Antonyms

67 2.1

A person or company that gives money to get goods and services

How Delinquent

bankrupt
151 4.2
insolvent
  • Specialized
7.2
defaulter
  • Specialized
1 7.1
delinquent
16 6.8

Surface Forms

defaulter singular
defaulters plural

Morphology

defaulter = default (transparent) = default + er

Standard agentive derivation from the verb 'default' meaning 'one who defaults'; a learner who knows 'default' can infer this role.

Etymology

Defaulter comes from default, an old word for 'failure' or 'lack', plus the ending -er that names a person. Think of fault — a defaulter is someone who fails to do what they must, so a financial defaulter is someone who does not pay a debt.