"defaults" in the noun sense
loss due to not showing up
"he lost the game by default"
2. default, nonpayment, nonremittal
act of failing to meet a financial obligation
3. nonpayment, default, nonremittal
loss resulting from failure of a debt to be paid
4. default option, default
an option that is selected automatically unless an alternative is specified
"defaults" in the verb sense
1. default, default on
fail to pay up
Source: WordNet® (An amazing lexical database of English)
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