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When a debtor chooses to default on a loan, despite being able to service it (make payments), this is said to be a strategic default. This is most commonly done for nonrecourse loans , where the creditor cannot make other claims on the debtor; a common example is a situation of negative equity on a mortgage loan in common law jurisdictions such ...
The articles in English are the definite article the and the indefinite articles a and an.They are the two most common determiners.The definite article is the default determiner when the speaker believes that the listener knows the identity of a common noun's referent (because it is obvious, because it is common knowledge, or because it was mentioned in the same sentence or an earlier sentence).
Business English means different things to different people and is used differently in different organization according their own needs and services. For some, it focuses on vocabulary and topics used in the worlds of business, trade , finance , and international relations .
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The first published English grammar was a Pamphlet for Grammar of 1586, written by William Bullokar with the stated goal of demonstrating that English was just as rule-based as Latin. Bullokar's grammar was faithfully modeled on William Lily's Latin grammar, Rudimenta Grammatices (1534), used in English schools at that time, having been ...
A grammar book is a book or treatise describing the grammar of one or more languages. In linguistics , such a book is itself frequently referred to as a grammar . Etymology
Default (finance), failure to satisfy the terms of a loan obligation or failure to pay back a loan; Default judgment, a binding judgment in favor of either party based on some failure to take action by the other party; Default rule, a rule of law that can be overridden by a contract, trust, will, or other legally effective agreement
The default effect, a concept within the study of nudge theory, explains the tendency for an agent to generally accept the default option in a strategic interaction. [1] The default option is the course of action that the agent, or chooser, will obtain if he or she does not specify a particular course of action. [ 2 ]