Distressed

1. Corporate finance - borrowing - insolvency - bankruptcy.

In relation to a borrower or other organisation, being in a condition where the organisation either:

• Cannot meet its debt servicing or similar fixed payment obligations; or
• Can only do so with difficulty.

2. Securities - other assets.

Distressed assets are securities issued by, or assets owned by, a financially distressed organisation.

See also

• Cost of financial distress
• Debt distress
• Default bias
• Distressed assets
• Financial distress
• Insolvency
• Security