Meaning : Loss due to not showing up.
Example :
He lost the game by default.
Meaning : Act of failing to meet a financial obligation.
Synonyms : nonpayment, nonremittal
Meaning : Loss resulting from failure of a debt to be paid.
Synonyms : nonpayment, nonremittal
A sum of money paid or a claim discharged.
paymentMeaning : An option that is selected automatically unless an alternative is specified.
Synonyms : default option