Legal Definitions - make default

Definition: To make default means to fail to fulfill an obligation or to not meet a requirement.

Example 1: If you don't pay your credit card bill on time, you will make default and your credit score will be negatively affected.

Example 2: If a borrower fails to make their loan payments, they will make default and the lender may take legal action to recover the money owed.

These examples illustrate how failing to meet a financial obligation can result in making default. It is important to fulfill your obligations to avoid negative consequences.