distressed
v. C1 Advanced US //dɪˈstɹɛst// UK //dɪstɹˈɛst// dis·tressed
v. describing a person who is very upset or a business that is having serious money problems.
v. characterised by extreme anxiety, sorrow, or pain; in a financial context, refers to assets or companies in or near bankruptcy.
The company is selling its distressed assets to pay off debts.
Investors often look for distressed properties that they can buy at a low price and renovate for profit.
The fund specialises in distressed debt, purchasing the obligations of companies facing insolvency in hopes of a significant payout during restructuring.
Usage
Often follows a linking verb like 'appear' or 'become'; in finance, it typically modifies nouns like 'debt', 'assets', or 'securities'.