default of payment

简明释义

拖欠付款

英英释义

例句

1.The investor lost money when the startup went into default of payment 违约支付 on its obligations.

当初创公司在其义务上出现违约支付时，投资者损失了资金。

2.After several warnings, the landlord decided to evict the tenant for default of payment 违约支付 of rent.

经过几次警告后，房东决定因租金的违约支付而驱逐租户。

3.The company faced bankruptcy due to a default of payment 违约支付 on its loans.

由于贷款的违约支付，公司面临破产。

4.To avoid default of payment 违约支付, it is crucial to manage your budget effectively.

为了避免违约支付，有效管理预算至关重要。

5.The bank issued a notice after the borrower was in default of payment 违约支付 for three consecutive months.

借款人连续三个月出现违约支付后，银行发出了通知。

作文

In the world of finance and business, understanding various terms is crucial for making informed decisions. One such term that often comes up in discussions about loans, credit, and financial agreements is default of payment. This phrase refers to the failure to fulfill a financial obligation, particularly the inability to make scheduled payments on a loan or debt. When an individual or entity experiences a default of payment, it can lead to serious consequences, including damage to credit ratings, increased interest rates, and potential legal actions. To grasp the implications of default of payment, it is essential to consider its causes. Many factors can contribute to this situation, such as unexpected job loss, medical emergencies, or poor financial planning. For instance, a person who loses their job may struggle to keep up with mortgage payments, ultimately leading to a default of payment. Similarly, businesses facing economic downturns may find it challenging to meet their financial obligations, resulting in defaults. The impact of default of payment extends beyond the individual or business involved. Lenders also face risks when borrowers default. Financial institutions rely on timely repayments to maintain their cash flow and profitability. When defaults occur, they may tighten lending standards, making it more difficult for others to obtain credit. This can create a ripple effect throughout the economy, as reduced access to credit can hinder consumer spending and business investment. Moreover, the legal ramifications of a default of payment can be severe. Lenders often have the right to pursue legal action against borrowers who fail to meet their obligations. This can result in wage garnishments, liens on property, or even bankruptcy proceedings. In some cases, a borrower may be forced to sell assets to satisfy their debts, further complicating their financial situation. Preventing a default of payment requires proactive measures. Individuals and businesses should prioritize budgeting and financial planning to ensure they can meet their obligations. Establishing an emergency fund can provide a safety net during unexpected financial hardships. Additionally, open communication with lenders can help negotiate alternative payment arrangements if difficulties arise. For example, many lenders offer hardship programs that allow borrowers to temporarily reduce or defer payments without entering into default. In conclusion, the term default of payment carries significant weight in the financial landscape. It represents not only a failure to meet obligations but also a broader set of consequences that can affect both borrowers and lenders. By understanding the causes and implications of defaults, individuals and businesses can take steps to avoid them and maintain financial stability. Ultimately, the key to preventing a default of payment lies in careful planning, communication, and a commitment to financial responsibility.

在金融和商业的世界中，理解各种术语对做出明智的决策至关重要。一个在贷款、信贷和财务协议的讨论中经常出现的术语是违约支付。这个短语指的是未能履行财务义务，特别是未能按时偿还贷款或债务。当个人或实体经历违约支付时，会导致严重的后果，包括信用评级受损、利率上升和潜在的法律行动。要理解违约支付的影响，必须考虑其原因。许多因素可能导致这种情况，例如意外失业、医疗紧急情况或不良财务规划。例如，失业的人可能会难以跟上抵押贷款的支付，最终导致违约支付。同样，面临经济衰退的企业可能会发现很难满足其财务义务，从而导致违约。违约支付的影响不仅仅局限于相关的个人或企业。贷款人也面临着借款人违约时的风险。金融机构依赖及时的还款来维持现金流和盈利能力。当发生违约时，他们可能会收紧放贷标准，使其他人更难获得信贷。这可能在整个经济中产生连锁反应，因为减少信贷获取可能会阻碍消费者支出和商业投资。此外，违约支付的法律后果可能是严重的。贷款人通常有权对未能履行义务的借款人提起法律诉讼。这可能导致工资扣押、财产留置权，甚至破产程序。在某些情况下，借款人可能被迫出售资产以偿还债务，进一步复杂化其财务状况。防止违约支付需要采取积极措施。个人和企业应优先考虑预算和财务规划，以确保他们能够履行义务。建立应急基金可以为意外的财务困难提供安全网。此外，与贷款人的开放沟通可以帮助在出现困难时协商替代付款安排。例如，许多贷款人提供困难计划，允许借款人暂时减少或推迟付款，而不进入违约。总之，违约支付这一术语在金融领域中具有重要意义。它不仅代表着未能履行义务，还代表着一系列更广泛的后果，这些后果可能会影响借款人和贷款人。通过理解违约的原因和影响，个人和企业可以采取措施避免违约，并保持财务稳定。最终，防止违约支付的关键在于谨慎规划、沟通和对财务责任的承诺。