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A default on a mortgage which has already been modified due to borrower hardship
Definition source: English Wiktionary via Wiktextract
Topics: business, finance
Examples
- The rate of redefaults has been rising.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
Etymology tree Proto-Italic *wre- Latin re-der. Old French re-bor. Middle English re- English re- English default English redefault From re- + default.