What is the definition of Potential default? | Dictionary.net

POTENTIAL DEFAULT

\pətˈɛnʃə͡l dɪfˈɒlt], \pətˈɛnʃə‍l dɪfˈɒlt], \p_ə_t_ˈɛ_n_ʃ_əl d_ɪ_f_ˈɒ_l_t]\

Definitions of POTENTIAL DEFAULT

1910 - Black's Law Dictionary (2nd edition)

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Any case in which the borrower might default on their payments in the future. The term can be used to refer to a borrower who has a higher probability of defaulting.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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