Glossary
Welcome to our glossary section.
If you're looking for the definition of a particular finance term or phrase, you can look it up here in our loans glossary. If the term or phrase you're looking for isn't listed, please let us know and we'll make sure it gets included.
Notice Of Default
A notice of default is an official communication by a credit provider, informing the borrower that they are in breach of the set terms as laid out within their credit agreement.
