Eli5: What is a default in the Economy ? 248 viewsJanuary 1, 2024 Question90.90K May 4, 2023 0 Comments Eli5: What is a default in the Economy ? In: 3 10 Answers ActiveNewestOldest Anonymous Posted May 4, 2023 0 Comments A borrower who is in default borrowed money and they are behind on paying it back. We say they “defaulted” on their debt, or “the debt is in default.” You are viewing 1 out of 10 answers, click here to view all answers. Register or Login
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