Longman Dictionary of Contemporary English homepage

Topic: FINANCE


failure

noun
     
fail‧ure S2 W2
1

lack of success

[uncountable and countable] a lack of success in achieving or doing something [≠ success]:
Winston is not someone who accepts failure easily.
failure to do something
the conference's failure to reach an agreement
end/result in failure
Harry's plans ended in failure.
2

unsuccessful person/thing

[countable] someone or something that is not successful [≠ success]:
I always felt a bit of a failure at school.
a total/complete failure
The advertising campaign was a total failure.
3

failure to do something

an act of not doing something which should be done or which people expect you to do:
Failure to produce proof of identity could result in prosecution.
4

business

[uncountable and countable]BBBF a situation in which a business has to close because of a lack of money:
Business failures in Scotland rose 10% last year.
5

machine/body part

[uncountable and countable]THB an occasion when a machine or part of your body stops working properly:
The cause of the crash was engine failure.
heart/kidney/liver etc failure
He died from kidney failure.
failure in
a failure in the computer system
6

crops

[uncountable and countable] an occasion when crops do not grow or produce food, for example because of bad weather:
a series of crop failures
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