technical default

  

Definition

In general, violation of a term or warranty of a contract but not that of a condition (such as repayment of a loan on the due date).

Related Videos




http://www.businessdictionary.com/definition/technical-default.html

Have a question about technical default? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z