Notice of Default

A formal Notice to a borrower declaring that a Default has occurred and that legal Action may be taken.

Related Terms: 9 Action, Borrow, Default, Legal, Leg, Notice, Owe, OCC, Ring

Other Related Pages: Category: Lending_and_Credit Starting With: N

Additional Related Terms: 10-K, Allowance for depreciation, At par, All or any part, At best, At call, At risk, Add-on service, Action to quiet title, As is