Simple definition
A failure to meet an obligation, often after a defined deadline or event.
Performance
What Does Default Mean?
A failure to meet an obligation, often after a defined deadline or event.
Example in a contract
Failure to pay may constitute a default.
What default means in a contract
This concept appears in clauses defining what each party must do, when performance is due, and what happens if performance is delayed or prevented.
Why it may matter
It can affect delivery expectations, standards of effort, excuses for delay, and remedies for non-performance. Review the exact language rather than relying on the label alone.
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FAQ
Questions about default.
What does default mean in plain English?+
A failure to meet an obligation, often after a defined deadline or event.
Where might default appear in a contract?+
This concept appears in clauses defining what each party must do, when performance is due, and what happens if performance is delayed or prevented.
Is this definition legal advice?+
No. ClauseInsight provides concise informational explanations. The legal effect of a term depends on the complete document, facts, and applicable law.