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.
McKean County, Pennsylvania. McKean County is a rural county in the U.S. state of Pennsylvania. As of the 2010 census, the population was 43,450. Its county seat is Smethport. The county was created in 1804 and organized in 1826. It was named in honor of former Pennsylvania Governor and Declaration of Independence signer Thomas McKean. McKean County comprises the Bradford, PA Micropolitan Statistical Area. It is in a sparsely populated region known as the Pennsylvania Wilds, including the Allegheny National Forest and borders New York.