what is mean what is mean by default management
Answers
Answered by
1
Answer:
Default is the failure to repay a debt including interest or principal on a loan or security. A default can occur when a borrower is unable to make timely payments, misses payments, or avoids or stops making payments.
Answered by
0
Explanation:
Default is the failure to repay a debt including interest or principal on a loan or security. A default can occur when a borrower is unable to make timely payments, misses payments, or avoids or stops making payments. ... Default risks are often calculated well in advance by creditors.
Similar questions