credit event
defaulting
cognovit clause
unsecured debt
recasting
restructure
deadbeat
shortfall
foreclosure
redefault
tax lien
debtor
interest-bearing
prepetition
insolvency
bankruptness
fail
nonrecourse
maturity
bankrupt
cramdown
bank closing
nonpayment
abeyance
nonremittal
indebtedness
creative accounting
default
write-off
welch
state tax lien
collateral
individual voluntary arrangement
moral bankruptcy
virus
pay
ex delicto
wrongly
guarantee
debtlessness
bond rating
senior note
performance bond
surety bond
infeudation
guaranty
reversionist
prepack
breach of contract
flaw
wrongmindedness
commercial paper
internal control
misreceipt
outstandings
recapitalization
indentureship
trust deed
auction call
creditlessness
security
hard up
surety
clean sheet
peculation
breach of trust
deed of trust
subordinate
writ of inquiry
bind
uncollectible
mezzanine
dation in payment
pre-packaged bankruptcy
fact
oblige
repo man
lienable
hold
junk bond
obligate
sham
duration
stub
call it even
decremental
debt trap
cognovit judgement
confession of judgement
money squeezing
money collection
money
nonprime
aval
confession of judgment
collection procedure
cognovit judgment
ruin

English words for 'A significant default on a financial instrument or some other financial occurrence, such as bankruptcy, restructuring, repudiation, or moratorium, or failure to pay some other obligation, such as taxes.'

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