default

Vocabulary Word

Definition
'Default' refers to the automatic choice or action that takes place if no other selection is made. A commonly recognized default could be the blank website a web browser opens when initially installed.
Examples in Different Contexts
In a financial context, 'default' refers to the inability to repay a debt on time. A financial advisor might warn, 'If the company doesn't manage its debts, it may default on its loan obligations.'
Practice Scenarios
Design

Scenario:

This color scheme isn't resonating with our audience. Should we explore other options?

Response:

Experimenting with other color palettes, rather than going with the default, sounds like a good idea.

Business

Scenario:

Our budget allocation this quarter isn't looking very promising. We have to meet our financial obligations.

Response:

I agree, we should make every effort to avoid a default on our loan repayments.

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