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
Get the Shadow Default mug.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
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IDS
The act of changing your profile picture on any given social networking site over and over again because you can't make up your mind. Can happen minutely, daily, or even weekly.
The act of changing your profile picture on any given social networking site over and over again because you can't make up your mind. Can happen minutely, daily, or even weekly.
Dude stop changing you're profile picture. That's like the 5th time today!
6th actually... but I'm suffering from Indecisive Default Syndrome.
Understandable.
6th actually... but I'm suffering from Indecisive Default Syndrome.
Understandable.
by IDS-Sufferer September 14, 2010
Get the Indecisive Default Syndrome mug.Girl #1: Why does she seem so nasty and stressed all the time?
Girl #2: Well, I think it's because she's a lesbian by default.
Girl #2: Well, I think it's because she's a lesbian by default.
by diggy March 22, 2008
Get the lesbian by default mug.Occurs when the debt owed from a friendly bet between two friends rises to an uncomfortable level causing one friend to cut ties with the other in lieu of paying up.
Robbie: "Did Justin ever make good on that golf wager you two made"
Randy: "Wouldn't know, he hasn't talked to me in weeks and he won't return my emails."
Robbie: "Sounds like you are the victim of a strategic friendship default."
Randy: "Wouldn't know, he hasn't talked to me in weeks and he won't return my emails."
Robbie: "Sounds like you are the victim of a strategic friendship default."
by taylork79 July 15, 2010
Get the strategic friendship default mug.by Terra February 5, 2005
Get the lesbian by default mug.by Hercolena Oliver May 29, 2010
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