👉 The condition of failing to meet an obligation.
Alright class, settle down, let’s take a look today, At a word that pops up in many a way! We’re talking about "default," it’s quite the plea, Let's break it down for you and me. The dictionary says it’s “failing to meet an obligation,” true, But let’s think of it a little bit more new. Imagine this: You promised a friend a treat, A tasty cookie, oh so sweet! But then you forget, or lose your mind, That's a "default" – leaving something behind! It can be with money, debts, and loans, When payments aren’t made, the problem shows. If a company doesn’t pay its bills, that’s a default too, A serious issue, for me and you! Think of it like this: a setting's "default" state, Like black and white on a digital plate. Unless you choose to change it with care, It stays the same, beyond compare. So “default” means not fulfilling what’s due, A missed commitment, sadly untrue. Do you understand? Any questions arise? Let's discuss this concept before our eyes!
