Default. By its derivation, a failure. An omission of that which ought to be done. Town of Milton v. Bruso, 111 Vt. 82, 10 A.2d 203,205. Specifically, the omission or failure to perform a legal or contractual duty. Easterwood v. Willingham, Tex.Civ.App., 47 S.W.2d 393, 395; to observe a promise or discharge an obligation (e.g. to pay interest or principal on a debt when due), Bradbury v. Thomas, 135 Cal.App. 435, 27 P.2d 402; or to perform an agreement, Eastman v. Morgan, D.C.N.Y., 43 F.Supp. 637, 641.
Source: Black's Law Dictionary, Sixth Edition (1990) |
