This is the 9200th most frequent Portuguese word.
calote
"Calote" means "default" or "failure to pay a debt."
In this sentence, 'calote' is used in the context of someone being unable or unwilling to pay their financial obligations.
Ele deu um calote nas contas do mês passado.
He defaulted on last month's bills.
Here, 'calote' refers to unethical or intentional failure to fulfill payment agreements.
A empresa foi acusada de aplicar calotes nos fornecedores.
The company was accused of defaulting on payments to suppliers.
In this case, 'calote' indicates the fear of being deceived in financial transactions.