failure


failure
failure fail‧ure [ˈfeɪljə ǁ -ər] noun
1. [countable, uncountable] COMMERCE a situation in which a business that is not successful has to close because it is losing money:

• The Official Receiver recommended a detailed investigation into the reasons for the company's failure.

Business failures rose by 31% to 62,767, according to Dun & Bradstreet.

2. [uncountable] lack of success in achieving or doing something:
failure to do something

• the failure of some large firms to adhere to a strict policy on wages

ˈaudit ˌfailure [countable, uncountable] ACCOUNTING
when an audit (= an official examination of a company's financial records) does not find things which it should), meaning that there could be fraud:

• Some audit failures have resulted in professional disciplining.

ˈmarket ˌfailure [uncountable]
ECONOMICS when a market does not work efficiently, for example because buyers and sellers do not have all the information they require to make sensible decisions, or because it does not take into account costs such as damage to the environment:

• If firms refuse to take on more labour because the effective demand for their goods is too low, the government can correct for this type of market failure by increasing demand.

3. [countable, uncountable] a situation in which equipment or a machine stops working:

• potential financial loss as a result of computer failure

* * *

failure UK US /ˈfeɪljər/ noun
[C or U] a situation in which a company has been unsuccessful and has to stop operating: »

The number and seriousness of the bank failures took economists by surprise.

»

We're finally seeing a slowdown in the rate of business failures.

See also AUDIT FAILURE(Cf. audit failure), MARKET FAILURE(Cf. ↑market failure)
[U] lack of success in trying to do something: »

If you're too scared of failure, you'll never try to achieve anything.

[U] a situation in which a machine or system stops working: »

The cause of the crash is now thought to be engine failure.

[C] someone or something that is not successful: »

He always thought of himself as a failure.

failure to do sth — Cf. failure to do sth

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • failure — fail·ure n 1: omission of occurrence or performance; specif: a failing to perform a duty or expected action a failure to mitigate damages failure to prosecute 2: a lack of success or adequacy failure of a suit 3: a failing in business …   Law dictionary

  • failure — failure, neglect, default, miscarriage, dereliction are comparable when they mean an omission on the part of someone or something of what is expected or required oj him or of it. Failure basically implies a being found wanting; it implies a lack… …   New Dictionary of Synonyms

  • Failure — Fail ure, n. [From {Fail}.] 1. Cessation of supply, or total defect; a failing; deficiency; as, failure of rain; failure of crops. [1913 Webster] 2. Omission; nonperformance; as, the failure to keep a promise. [1913 Webster] 3. Want of success;… …   The Collaborative International Dictionary of English

  • Failure — Saltar a navegación, búsqueda Failure fue una banda de rock alternativo en la década de los 90. Contenido 1 Historia 2 Post Failure 3 Discografía 4 …   Wikipedia Español

  • Failure — est un groupe de rock américain fondé dans les années 90 par Ken Andrews (chanteur, guitariste), Greg Edwards (bassiste) et Robert Gauss (batteur). Sommaire 1 Histoire 2 Discographie 2.1 Albums 2.2 Autres …   Wikipédia en Français

  • failure — [n1] lack of success abortion, bankruptcy, bomb, botch*, breakdown, bungle*, bust, checkmate, collapse, decay, decline, defeat, deficiency, deficit, deterioration, downfall, failing, false step*, faux pas, fiasco, flash in the pan*, flop*,… …   New thesaurus

  • Failure — Failure. См. Отказ. (Источник: «Металлы и сплавы. Справочник.» Под редакцией Ю.П. Солнцева; НПО Профессионал , НПО Мир и семья ; Санкт Петербург, 2003 г.) …   Словарь металлургических терминов

  • failure — (see also bankruptcy and insolvency) an economic assessment of the viability of a business, it means that a firm is either not earning what is expected (i.e. it has a below normal rate of return) or is not meeting its obligations. It is not… …   Glossary of Bankruptcy

  • failure — 1640s, failer, from Anglo Fr. failer, from O.Fr. falir (see FAIL (Cf. fail)). The verb in Anglo French used as a noun; ending altered 17c. to conform with words in ure …   Etymology dictionary

  • failure — ► NOUN 1) lack of success. 2) an unsuccessful person or thing. 3) the omission of expected or required action. 4) an instance or the state of not functioning …   English terms dictionary


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