Question

what does \default\ mean in terms of a loan?
the amount of money borrowed
failure to pay back a loan
the percentage earned on invested principal
the total income after all costs are deducted

Explanation:

In finance (a sub - field of Business), default on a loan refers to the borrower's failure to make required payments such as principal or interest. The amount of money borrowed is the principal. The percentage earned on invested principal is interest rate in an investment context. The total income after all costs are deducted is profit.

Answer:

B. Failure to pay back a loan