Financial distress

Financial distress,

Definition of Financial distress:

  1. Financial distress is a condition in which a company or individual cannot generate sufficient revenues or income, making it unable to meet or pay its financial obligations. This is generally due to high fixed costs, a large degree of illiquid assets, or revenues sensitive to economic downturns. For individuals, financial distress can arise from poor budgeting, overspending, too high of a debt load, lawsuit, or loss of employment.

  2. An individual, business, or companys inability to generate revenue when there are too many debts.

  3. Ignoring the signs of financial distress before it gets out of control can be devastating. There may come a time when severe financial distress can no longer be remedied because the company or individual's obligations have grown too high and cannot be repaid. If this happens, bankruptcy may be the only option.

How to use Financial distress in a sentence?

  1. Financial distress happens when revenues or income and no longer meet or pay for the financial obligations of an individual or organization.
  2. Financial distress is often a harbinger of bankruptcy, and can cause lasting damage to one's creditworthiness.
  3. In order to remedy the situation, a company or individual may consider options such as restructuring debt or cutting back on costs.

Meaning of Financial distress & Financial distress Definition

Financial Distress,

Financial Distress Definition:

A simple definition of Financial Distress is: Financial difficulties are a condition in which a company or individual is unable to generate sufficient revenue or income, due to which it is unable to fulfill its financial obligations. This is usually due to higher fixed costs, a higher proportion of liquid assets, or cyclical revenue. For people, poor budgets, overpayments, excessive debt, litigation, or job losses can cause financial difficulties.

  • Financial difficulties occur when income or earnings fails to meet or meet the financial obligations of an individual or organization.
  • Financial difficulties are often a sign of bankruptcy and can damage the reputation in the long run.
  • To address this, companies or individuals may consider options such as rescheduling or cutting costs.

Literal Meanings of Financial Distress

Financial:

Meanings of Financial:
  1. Financial or financial status of an organization or person.

  2. In terms of finances.

Sentences of Financial
  1. You need to be careful about your finances, especially your cash flow.

  2. Independent financial advisor

Synonyms of Financial

monetary, investment, money, accounting, pecuniary, economic, fiscal, commercial, budgetary, banking, business

Distress:

Meanings of Distress:
  1. It causes (someone) fear, sadness or pain.

  2. (Furniture, leather or clothing) Show signs of wear and tear.

  3. Extreme fear, sadness or pain.

  4. Another term for travel

Sentences of Distress
  1. I don't want to bother you

  2. How leather jackets broke down industrially

  3. Frightened, he saw her tremble

  4. On July 22, 2003, the father hired a bailiff to mortgage Ash West to 2 85,857, which was thought to be rent.

Synonyms of Distress

heartbreak, condition, make miserable, anguish, weather, mellow, make wretched, season, torment, agony, simulate age in, pain, affliction, suffering, discomfort, age, torture, heartache, upset, cause anguish to, cause suffering to