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.
The town of Elkton is the county seat of Cecil County,  Maryland, United States. The population was 11,893 as of the 2000 census and 14,842 according to current July 2008 census estimates.