Nouns

(n)defaultloss due to not showing up“he lost the game by default”
(n)default, nonpayment, nonremittalact of failing to meet a financial obligation
(n)nonpayment, default, nonremittalloss resulting from failure of a debt to be paid
(n)default option, defaultan option that is selected automatically unless an alternative is specified

Verbs

(v)default, default onfail to pay up