distressed
B1CEFR level
30/100Rarity: fairly common
TechnicalRegister
Law adjective
Describing a company, asset or debt whose value is impaired by financial difficulty or a heightened risk of default.
The fund specialises in acquiring distressed debt at deep discounts to face value.
Business adjective
Describing a company or asset in severe financial difficulty and available at a depressed valuation.
The private equity fund specialized in buying distressed retailers out of bankruptcy and restructuring their debt.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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