wanprestasi

Indonesian

FWOTD – 23 September 2018

Etymology

Borrowed from Dutch wanprestatie.

Pronunciation

• IPA^(key): /wanprestasi/

Noun

wanprestasi (first-person possessive wanprestasiku, second-person possessive wanprestasimu, third-person possessive wanprestasinya)

1. (law, finance) default
2. (law) breach
   • 2004, Jurnal Hukum Bisnis, volume 23, page 110:

     Itulah sebabnya, baik wanprestasi maupun perbuatan melawan hukum merupakan dasar untuk menuntut tanggung jawab perusahaan penilai.

     That is why, both breach and act against the law are fundamental for holding the appraisal company to account.

Synonyms

• (finance): gagal bayar
• (law): cidera janji, ingkar janji