What does redefault mean?
Redefault means (finance) A default on a mortgage which has already been modified due to borrower hardship.
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Pronunciation varies by accent · noun
(finance) A default on a mortgage which has already been modified due to borrower hardship.
The rate of redefaults has been rising.
Use redefault when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Redefault means (finance) A default on a mortgage which has already been modified due to borrower hardship.
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
The rate of redefaults has been rising.
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