Shadow Default

Coined in 2023. When someone in Canada cannot pay their mortgage and they haven't defaulted by banking standards. However, their loan balance is increasing and amortization is being pushed out because they cannot afford to pay (negative amortization). The default is happening in the shadows as it is not being picked up by regulators or the public. The person is in a shadow default.

Tom took out that variable rate mortgage in 2021 when he creamed his shorts to buy a house. He is now in shadow default as rates went up and he can't afford the mortgage.

by Market Mania September 5, 2023

Default Friend

When your mom/spouse/friend leaves you alone in the room with a person you just met and it's getting way too awkward. Default friends are usually started if you know the person who left you is going to be gone for a while.
You start to talk; and gee, what do you know- a Default Friend has been made!

I left Barbara in the kitchen with my new friend Bobert while I went out to mow the lawn. By the time I was back, they were already exchanging numbers! What Default Friends.

by 0/\/'/>< October 3, 2012

Default

The original Fortnite dance, created by god himself and used by millions of people.

I hit that default that game

by ShawnP2 September 12, 2018

lesbian by default

A bi-sexual woman who chooses to exclusively remain in lesbian relationships. Still attracted to both. Pretty much a lesbian though.

She has been with guys but now realizes she likes girls more. They understand her better and she can connect more with them. She is now a Lesbian By Default

by bitchin45 January 19, 2009

Default Dance

The single most unfunny thing a person could do.

person 1: give me your best joke
"comedian": (Default Dances)
(long uncomfortable silence)
person 1: you're an insult to comedy

by EmptyHuskOfHumanity January 16, 2019

defaultophile

Someone who believes people who take loans are entitled to default when they don't want to make payments anymore and that the lenders should be grateful for the opportunity to give them money.

"The defaultophiles don't think Greece should pay its loans back."

by Loki Thegod February 7, 2015

Default

The only pure people in this world

That freaking default eliminated us!!!!! REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!!!

by Boi’s rapping n yew ting February 27, 2019