Signs of strain are everywhere. In September the Department of Education reported that in 2009 the default rate, which is defined as non-payment for 270 days, had reached 8.8%.

这种紧张气氛的迹象无处不在，9月教育部报道了2009年的违约率达8.8%，也就是说270内未能完成付款的比率。

youdao

The other lodgers had moved away or had died, or had been turned out in default of payment.

其他的房客都早已搬了，死了，或是因欠付租金而被撵走了。

youdao

In some cases universal default may apply: the high default rate is applied to a card in good standing by missing a payment on an unrelated account from the same provider.

在某些情况下，国际惯例是：如果持卡人的一张不相关的账户错过还款，发卡机构将对同样由本机构发行的持卡人名下还款记录良好的卡征收高利息。

youdao

But there seem to be no clauses in the prospectuses for Greek government bonds that would trigger accelerated payment of the rest of what's owed on any particular bond in default or that would put other bonds into default: in the jargon, there are no accelerated payment or cross-default clauses.

BBC: Is a Greek default so bad for Greece?

Both could very likely get lower interest rates from private lenders if those lenders got the promise of a part-gold payment in the event of default.

FORBES: End The Euro Zone Crisis Now: Let PIIGS Borrow Against Their Gold

The deal, in theory, avoids the possibility of a imminent default on US payment obligations and lets Republicans off the hook.

FORBES: On Washington, Investor Confidence At Zero