default

definition: loss due to not showing up
example: They lost the game by default.
speech part: noun
synonyms:
definition: an option that is selected automatically unless an alternative is specified
example:
speech part: noun
synonyms: default option
definition: loss resulting from failure of a debt to be paid
example:
speech part: noun
synonyms: nonpayment nonremittal
definition: act of failing to meet a financial obligation
example:
speech part: noun
synonyms: nonpayment nonremittal
definition: fail to pay up
example:
speech part: verb
synonyms: default on

default is explained and pronounced

How default is being used?