What is the definition of Default? π π
The condition of failing to meet an obligation.
Alright class, settle down, letβs take a look today, At a word that pops up in many a way! Weβre talking about "default," itβs quite the plea, Let's break it down for you and me. The dictionary says itβs βfailing to meet an obligation,β true, But letβs 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" β leaving something behind! It can be with money, debts, and loans, When payments arenβt made, the problem shows. If a company doesnβt pay its bills, thatβs 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 βdefaultβ means not fulfilling whatβs due, A missed commitment, sadly untrue. Do you understand? Any questions arise? Let's discuss this concept before our eyes!