Sovereign Default. Share. Loading the player... DEFINITION of 'Sovereign Default'. A failure on the repayment of a county's government debts. Countries are often hesitant to default on their debts, since it will be difficult and expensive to borrow funds after a default event. However, sovereign countries are not subject to normal bankruptcy laws and have the potential to escape responsibility for debts without legal consequences.
Exton, PA Profile: Facts, Map & Data. Exton, Pennsylvania - Basic Facts. The Exton Census Designated Place had a population of 4,906 as of July 1, 2016. Exton ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Pennsylvania. See peer rankings below.
Exuma is a district of the Bahamas, consisting of over 365 islands, also called cays. The largest of the cays is Great Exuma, which is 37 mi (60 km) in length and joined to another island, Little Exuma by a small bridge. The capital and largest city in the district is George Town (population 1,437), founded 1793 and located on Great Exuma. The Tropic of Cancer runs across a beach close to the city.