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Definitions from the Web

Mob Default

Description:

Mob Default refers to a situation where a group of people, often characterized by their unlawful or violent nature, fails to repay a debt or meet a financial obligation.

Usages:

Noun:

- The mob default on the loan caused a significant loss for the lender.

- The businessman was scared of mob defaults, leading him to avoid dealing with criminal organizations.

Verb:

- The gambling addict mob defaulting on his loan resulted in serious consequences.

- If we don't pay the loan back on time, they will mob default and come after us.

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