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.
Paignton /ËpeÉªntÉn/ is a seaside town on the coast of Tor Bay in Devon, England. Together with Torquay and Brixham it forms the unitary authority of Torbay which was created in 1998. The Torbay area is a holiday destination known as the English Riviera.Paignton's population in the United Kingdom Census of 2011 was 49,021. It has origins as a Celtic settlement and was first mentioned in 1086.It grew as a small fishing village and a new harbour was built in 1847.aignton was given the status of a borough having a market and fair in 1294. Paignton was a small fishing village until the 19th century, when in 1837 the Paington [ sic ] Harbour Act led to the construction of a new harbour and the modern spelling, Paignton, first appeared.