Words / H / Business

hardship

noun/ˈhɑːdʃɪp/

B1CEFR level
30/100Rarity: fairly common
TechnicalRegister

Serious difficulty in meeting basic financial needs.

The lender offered a hardship arrangement, pausing payments for three months while she found new work.

Similar: adversity, distress

Topic: Finance in Business English

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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More business words: Finance