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English definition of “distressed”

distressed

adjective
 
 
/dɪˈstrest/
FINANCE distressed debts, etc. are sold to investors at very low prices because there is a high risk that the company owing them will be unable to pay them back. Investors buy them because they hope to get back more from the company owing the money than they have paid for the debts: The Texas-based firm buys distressed assets from financial institutions and liquidates them at a profit.
COMMERCE distressed goods, etc. are sold at very low prices in order to get rid of them, for example, because they are damaged or belonged to a bankrupt company: Many liquidators sell a variety of distressed merchandise by the pallet, lot or truckload at below wholesale prices.
(Definition of distressed from the Cambridge Business English Dictionary © Cambridge University Press)
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