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Financial distress

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Translation financial distress into russian

financial distress
The company is in financial distress and may need to declare bankruptcy.
Компания испытывает финансовые трудности и, возможно, ей придется объявить о банкротстве.

Definitions

Financial distress refers to a situation in which an individual or organization is unable to meet or has difficulty meeting its financial obligations, often leading to insolvency or bankruptcy. It can result from various factors, including poor cash flow, excessive debt, or economic downturns.