Pronunciation: [dɪfˈɒltɪŋ] (IPA) 
The word "defaulting" is spelled with the letters d-e-f-a-u-l-t-i-n-g. The IPA phonetic transcription of this word is /dɪˈfɔltɪŋ/. The first syllable "def" is pronounced as "dɛf," the second syllable "ault" is pronounced as "ɔlt," and the third syllable "ing" is pronounced as "ɪŋ." The stress is on the second syllable "ault." The word defaulting means to fail to fulfill a duty, such as paying a debt or meeting an obligation.
"Defaulting" is a term used in various contexts, typically referring to a failure or inability to meet a payment obligation or fulfill a contractual agreement. It generally involves the non-payment of a debt or the non-performance of a duty, which may lead to legal consequences or penalties.
In financial terms, defaulting refers to the failure of a borrower or debtor to repay a loan or fulfill the terms of a financial arrangement. This non-payment or breach of contract can occur for various reasons, including financial hardships, insolvency, or deliberate avoidance. When a borrower defaults on a loan, it usually triggers a series of actions or procedures by the lender to recover the owed amount or assert their legal rights.
Similarly, defaulting can also pertain to a failure to meet obligations in non-financial realms. For example, a student who fails to submit an assignment on time or a person who neglects to fulfill a duty or obligation may be considered as defaulting. Such instances may have consequences associated with them, such as penalties, loss of rights, or other disciplinary actions.
Overall, defaulting refers to the act of failing to fulfill an obligation, whether financial or non-financial, resulting in non-payment or breach of contract. The repercussions of defaulting can vary based on the specific context and the contractual or legal agreements involved.
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
The word "defaulting" is derived from the Old French word "defaute" or "defaut" which means "lack or failure". It ultimately comes from the Latin word "defectus" meaning "failure" or "deficiency". The word "defaulting" is the present participle of the verb "default", which originally meant "to fail" or "to be lacking". Over time, it has come to specifically refer to the failure to fulfill an obligation or the failure to repay a debt.
