Default routing :

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it is a type of routing where destination is known but intermediate routers or
networks are unknown.

it is mainly done between company's gateway router and the ISP router.

C.R(config)#IP ROUTE 0.0.0.0 0.0.0.0 192.168.10.2

routing table of company router:

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C.R#SH IP ROUTE

Gateway of last resort is 192.168.10.2 to network 0.0.0.0

C 10.0.0.0/8 is directly connected, FastEthernet0/0

C 172.16.0.0/16 is directly connected, FastEthernet0/1
C 192.168.10.0/24 is directly connected, Serial0/3/0
S* 0.0.0.0/0 [1/0] via 192.168.10.2

s* = default route

isp(config)#IP ROUTE 0.0.0.0 0.0.0.0 192.168.10.1

isp router routing table:

----------------------------
ISP#sh ip route

Gateway of last resort is 192.168.10.1 to network 0.0.0.0

C 20.0.0.0/8 is directly connected, FastEthernet0/0

C 30.0.0.0/8 is directly connected, FastEthernet0/1
C 192.168.10.0/24 is directly connected, Serial0/3/0
S* 0.0.0.0/0 [1/0] via 192.168.10.1
ISP#