default default /dɪˈfɔlt/

noun

1. () Loss due to not showing up  ( default )
   loss due to not showing up
    He lost the game by default
   he lost the game by default
   
2. An option that is selected automatically unless an alternative is specified  ( default , default option )
   an option that is selected automatically unless an alternative is specified
   
3. Loss resulting from failure of a debt to be paid  ( default , nonpayment , nonremittal )
   loss resulting from failure of a debt to be paid
   
4. Act of failing to meet a financial obligation  ( default , nonpayment , nonremittal )
   act of failing to meet a financial obligation
   

verb

1. () Fail to pay up  ( default on , default )
   fail to pay up