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What does the initials mean?
initial

[English] [? n? L][ America] [? nl]

Adjective (abbreviation for adjective)

Original text; Start; Initial;

Noun (short for noun)

Initial letter; [Phonetics] Initial consonants; Oversized capital letters;

transitive verb

Sign with one's initials;

Third person singular: initial plural: initial present participle: initial past tense:

1

The first warning signal appeared in March this year, when the company defaulted on its first payment of. 30 million.

The first warning signal came in March, when the company failed to make a down payment of 30 million pounds on time.