Function and Default

noun

• Mathematics) a mathematical relation such that each element of a given set (the domain of the function) is associated with an element of another set (the range of the function. ()
  • synonyms: mathematical function, single-valued function, map, mapping
• What something is used for.
  • usage: "the function of an auger is to bore holes"; "ballet is beautiful but what use is it"
  • synonyms: purpose, role, use
• The actions and activities assigned to or required or expected of a person or group.
  • usage: "the function of a teacher"; "the government must do its part"; "play its role"
  • synonyms: office, part, role
• A relation such that one thing is dependent on another.
  • usage: "height is a function of age"; "price is a function of supply and demand"
• A formal or official social gathering or ceremony.
  • usage: "it was a black-tie function"
• A vaguely specified social event.
  • usage: "the party was quite an affair"; "an occasion arranged to honor the president"; "a seemingly endless round of social functions"
  • synonyms: affair, occasion, social occasion, social function
• A set sequence of steps, part of larger computer program.
  • synonyms: routine, subroutine, subprogram, procedure

verb

• Perform as expected when applied.
  • usage: "The washing machine won't go unless it's plugged in"; "Does this old car still run well"; "This old radio doesn't work anymore"
  • synonyms: work, operate, go, run
• Serve a purpose, role, or function.
  • usage: "The tree stump serves as a table"; "The female students served as a control group"; "This table would serve very well"; "His freedom served him well"; "The table functions as a desk"
  • synonyms: serve
• Perform duties attached to a particular office or place or function.
  • usage: "His wife officiated as his private secretary"
  • synonyms: officiate

• (v.i.) Alternative of Functionate.
• (n.) The course of action which peculiarly pertains to any public officer in church or state; the activity appropriate to any business or profession.
• (n.) A quantity so connected with another quantity, that if any alteration be made in the latter there will be a consequent alteration in the former. Each quantity is said to be a function of the other. Thus, the circumference of a circle is a function of the diameter. If x be a symbol to which different numerical values can be assigned, such expressions as x2, 3x, Log. x, and Sin. x, are all functions of x.
• (n.) The act of executing or performing any duty, office or calling; per formance.
• (n.) The appropriate action of any special organ or part of an animal or vegetable organism; as, the function of the heart or the limbs; the function of leaves, sap, roots, etc.; life is the sum of the functions of the various organs and parts of the body.
• (n.) The natural or assigned action of any power or faculty, as of the soul or of the intellect; the exertion of an energy of some determinate kind.
• (n.) A public or social ceremony or gathering; a festivity or entertainment, especially one somewhat formal.
• (n.) A religious ceremony, especially one particularly impressive and elaborate.

noun

• Loss due to not showing up.
  • usage: "he lost the game by default"
• Act of failing to meet a financial obligation.
  • synonyms: nonpayment, nonremittal
• Loss resulting from failure of a debt to be paid.
  • synonyms: nonpayment, nonremittal
• An option that is selected automatically unless an alternative is specified.
  • synonyms: default option

verb

• Fail to pay up.
  • synonyms: default on

• (v.t.) To call a defendant or other party whose duty it is to be present in court, and make entry of his default, if he fails to appear; to enter a default against.
• (v.t.) To fail to perform or pay; to be guilty of neglect of; to omit; as, to default a dividend.
• (n.) Fault; offense; ill deed; wrong act; failure in virtue or wisdom.
• (n.) A failing or failure; omission of that which ought to be done; neglect to do what duty or law requires; as, this evil has happened through the governor's default.
• (v.i.) To fail in fulfilling a contract, agreement or duty.
• (v.i.) To fail in duty; to offend.
• (v.t.) To leave out of account; to omit.
• (v.i.) To fail to appear in court; to let a case go by default.
• (n.) A neglect of or failure to take, some step necessary to secure the benefit of law, as a failure to appear in court at a day assigned, especially of the defendant in a suit when called to make answer; also of jurors, witnesses, etc.

Default is a corporation or government is in default if it fails to meet the interest payments on debt securities it has issued or does not repay the principal at maturity. When the issuer defaults, the bondholders may try to recover what they're owed by making claims against the issuer's assets. There's an elaborate hierarchy for determining the order in which the claimants are paid. Similarly, if you fail to pay principal and interest that you owe on a loan, you are in default. The lender may attempt to recover the loss by claiming any property of yours that was offered as collateral, or security for the loan, or by taking other legal measures.