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Oxford English Dictionary

Oxford English Dictionary

The Oxford English Dictionary (OED) is widely regarded as the accepted authority on the English language. It is an unsurpassed guide to the meaning, history, and pronunciation of 600,000 words— past and present—from across the English-speaking world.

Definition

of

Default (in a financial context)

from

Oxford English Dictionary (definition 2b)

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Failure to meet financial commitments; non-payment of money owed; the state of being unable to fulfil financial obligations

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Placeholder definition

of

Dissent

from

Oxford English Dictionary

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Disagreement with a proposal or resolution; the opposite of consent.

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