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Potential Default |
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Potential Default A condition where a default may occur in time. Potential Default A situation that may cause a default on a loan. Alternatively, potential default may refer to a person, especially a loan applicant, who is in such a situation. An obvious example of potential default is a situation in which a borrower loses his/her job. Lenders attempt to identify potential defaults before they make a loan. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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