Meaning of “hardship” in the English Dictionary

"hardship" in American English

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hardshipnoun [ C/U ]

us /ˈhɑrdˌʃɪp/

a condition of life that causes difficulty or suffering:

[ U ] The 1930s were a time of high unemployment and economic hardship.

(Definition of “hardship” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"hardship" in Business English

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hardshipnoun [ C or U ]

uk /ˈhɑːdʃɪp/ us

a condition that causes difficulty or suffering, for example, being without a job or enough money:

financial/economic hardship The price of cooking gas increased five-fold, worsening the economic hardship.
extreme/real/severe hardship
The Commission does not believe that the proposed rule change will pose an undue hardship on venture capital firms.

(Definition of “hardship” from the Cambridge Business English Dictionary © Cambridge University Press)