A person who fails to do what is required; a defaulter. Obsolete.

lame duck: a disabled person or thing: spec. (Stock Market slang): one who cannot meet his financial engagements; a defaulter. Also in extended use…

A person who fails to meet financial commitments; a person, state, institution, etc., that does not or cannot repay money owed.

Phrases. man of straw: (a) a person or thing compared to a straw image; a counterfeit, sham, ‘dummy’; similarly, a face of straw, etc.; (b) an…

A defaulter (see waddle, v. 2d). Obsolete.

slang. A worthless person. Also Australian (? transferred from 2) a welsher, defaulter. Also, something worthless, a failure.

North American colloquial. One who absconds, spec. to avoid paying debts; one who defaults in payment.

Australian. Alteration of shicer, n.