noun
- a person who fails to pay money that is owed
- a person who fails to appear in court when required
- a person who fails to fulfill an obligation or duty
Usage: legal
Examples
- The bank pursued legal action against the loan defaulter.
- Several mortgage defaulters lost their homes during the financial crisis.
- The court issued a warrant for the defaulter who missed his hearing.
- The company blacklisted defaulters who failed to pay their bills.
- As a serial defaulter, he found it difficult to get credit.
- The defaulter was given one final chance to settle the debt.