Synonyms for default on
de·fault on

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1. default, default onverb

   fail to pay up

   Synonyms:
   default

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1. • Fail

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How to use default on in a sentence?

1. Christian Noyer:

   Our rules oblige us to stop immediately at the point when there is no prospect of a political accord on a programme, or at the point when the Greek banking system crumbles - which would happen if it enters generalised default on all its debts.

2. Greg Valliere:

   I think we’ll come right up to the precipice, most people in this city feel it’s inconceivable we could default on our debt. I agree it’s unlikely but it’ll be much closer than people thought.

3. Melba Acosta:

   The fiscal and economic situation in Puerto Rico has reached a critical moment, if the public corporations default on their obligations and there is no clear legal regime, creditors may attempt to engage in a race to the courthouse.

4. Dalibor Rohac:

   Both Jean-Luc Mlenchon and Marine Le Pen advocate a very deep renegotiation of France’s stance with the EU that could in actuality result in France’s exit from the euro zone, its default on its sovereign debt which would propel a financial crisis on a scale much bigger than the one we saw in 2008.

5. John McCain:

   The United States can not default on our obligations and this bill prevents that from happening, the deal is not perfect. It is not what I would have written and I have great concerns about the cuts to our nation’s defense spending that may have to occur as a result of this bill’s passage. We must do everything we can to avoid an exercise in blind sequestration of defense funds that could come into play if the joint committee can not find a way to further avoid cuts of $ 1.2 trillion.