In finance, the failure to make a payment or fulfill a contractual obligation, especially the inability to repay debts.
example
Der Default des Staates bei seinen Anleihen löste eine schwere Wirtschaftskrise aus.
The state's default on its bonds triggered a severe economic crisis.
Usage tips
Context clue
You can clearly recognize the meaning of 'Default' (default) from the context. In a financial context (loans, bonds, national debt), it means 'Zahlungsausfall' (payment default). In an IT context (software, settings, options), it means 'Standardeinstellung' (default setting).
EXAMPLE
Die Ratingagentur warnte vor einem möglichen Default des Unternehmens.
The rating agency warned of a possible default by the company.
Register
The word 'Default' (default) is a technical term (Anglicism) in both meanings. It is used mainly in financial language and IT language, not in everyday colloquial speech.
EXAMPLE
In den Druckereinstellungen ist A4 als Default festgelegt.
In the printer settings, A4 is set as the default.
Typical expression
In an IT context, the expression 'per Default' is very common. It means 'by default' or 'from the outset'.
EXAMPLE
Die Benachrichtigungen sind per Default aktiviert.
Notifications are enabled by default.
Compare with
confusable
Default vs Standard
standard
'Standard' and 'Default' can both have to do with something preset or normal. 'Standard' means a recognized rule, a normal level of quality, or a technical norm. 'Default' is used mainly in computing for a setting that applies automatically if you do not change anything. Learners may confuse the words because 'Default' often seems like 'Standard'. As a practical rule: for quality, rules, and norms, 'Standard' usually fits. For preset values in programs, 'Default' fits.
Default
Als Default speichert das Programm die Dateien im Ordner „Downloads“.
By default, the program saves the files in the “Downloads” folder.
Standard
Dieser Sicherheitsstandard gilt für alle neuen Geräte.