failure has definitions from the field of finance
1
[ noun ] an act that fails

Examples

"his failure to pass the test"

Used in print

(The Atlanta Constitution...)

`` Failure to do this will continue to place a disproportionate burden '' on Fulton taxpayers .

(The Dallas Morning News,...)

Rep._Charles_E._Hughes of Sherman , sponsor of the bill , said a failure to enact it would `` amount to making a gift out_of the taxpayers ' pockets to banks , insurance and pipeline_companies '' .

(Nathan Rapport, ""I've Been Here before!"...)

Skeptics may deny the more startling phenomena of dreams as things they have never personally observed , but failure to wonder at their basic mystery is outright avoidance of routine evidence .

(Max F. Millikan and Donald L. M. Blackmer,...)

Progress is impeded by psychological inhibitions to effective action among those in power and by a failure on their part to understand how local resources , human and material , can be mobilized to achieve the national goals of modernization already symbolically accepted .

(John Michael Ray, "Rhode Island's Reactions...)

If it failed on_occasion to elect its candidates for general state offices by majorities , the failure was due_to a lingering remnant of the Know-Nothing party , which called itself the American Republican_party .

2
[ noun ] an event that does not accomplish its intended purpose

Examples

"the surprise party was a complete failure"

Used in print

(A. N. Nagaraj and L. M. Black, "Localization of...)

The reason for the failure of these treatments to eliminate nonspecific staining in the conjugates in our system is not known .

(Frederick Mosteller et al., Probability with...)

More generally , suppose that an experiment consists_of a number of independent trials , that each trial results in either a `` success '' or a `` non success '' ( `` failure '' ) , and that the probability of success remains constant from trial to trial .

In the marksmanship example , a trial consists_of `` one round shot at a target '' with outcome either one bull's-eye ( success ) or none ( failure ) .

For an experiment to qualify as a binomial experiment , it must have four properties : ( 1 ) there must be a fixed number of trials , ( 2 ) each trial must result in a `` success '' or a `` failure '' ( a binomial trial ) , ( 3 ) all trials must have identical probabilities of success , ( 4 ) the trials must be independent of each other .

Each of the n trials is either a success or a failure .

3
[ noun ] a person with a record of failing; someone who loses consistently

Used in print

(Howard Nemerov, "Themes and Methods: The Early...)

Something of this can be learned from `` The_Way_to_the_Churchyard '' ( 1901 ) , an anecdote about an old failure whose fit of anger at a passing cyclist causes him to die of a stroke or seizure .

(Evan Esar, Humorous English; a guide to comic ,...)

This saleslady was a failure in the dress department and was transferred to the shoe department .

4
[ noun ] lack of success

Examples

"he felt that his entire life had been a failure" "that year there was a crop failure"

Used in print

(J. W. C. Hagstrom et al., "Debilitating muscular...)

Later , chlorothiazide and salt restriction became necessary to control the edema of chronic congestive failure .

(Gerald Green, The Heartless Light....)

The previous night 's horror - the absolute failure , overcast with the intrusions of the press , had left them all with a wan sense of uselessness , of play-acting .

5
[ noun ] an unexpected omission

Examples

"he resented my failure to return his call" "the mechanic's failure to check the brakes"

Used in print

(U.S. Reports. Volume 364. Cases Adjudged in the...)

Upon return of the file to the local board , petitioner was again ordered to report for induction and this prosecution followed his failure to do so .

6
[ noun ] (finance) inability to discharge all your debts as they come due

Synonyms

bankruptcy

Examples

"the company had to declare bankruptcy" "fraudulent loans led to the failure of many banks"

Related terms

insolvency fail

7
[ noun ] loss of ability to function normally

Examples

"kidney failure"

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