situation Meaning in the Cambridge English Dictionary
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Meaning of “situation” in the English Dictionary

"situation" in British English

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situationnoun [C]

uk   us   /ˌsɪt.juˈeɪ.ʃən/
B1 the set of things that are ​happening and the ​conditions that ​exist at a ​particulartime and ​place: the ​economic/​political situation Her ​news put me in a ​difficult situation. "Would you get ​involved in a ​fight?" "It would depend on the situation." I'll ​worry about it if/when/as the situation arises (= if/when/as it ​happens). old use a ​job: My ​sister has a good situation as a ​teacher in the ​localschool. formal the ​position of something, ​especially a ​town, ​building, etc.: The house's situation in the ​rivervalley is ​perfect.
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(Definition of situation from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"situation" in American English

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situationnoun [C]

 us   /ˌsɪtʃ·uˈeɪ·ʃən/
a ​condition or ​combination of ​conditions that ​exist at a ​particulartime: I was in a situation where I didn’t have ​cashhandy.
(Definition of situation from the Cambridge Academic Content Dictionary © Cambridge University Press)

"situation" in Business English

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situationnoun [C]

uk   us   /ˌsɪtjuˈeɪʃən/
the ​conditions that exist at a particular ​time and ​place: Some ​dealers have taken ​advantage of the situation by ​adding £1,000 or more to the suggested ​retailprice. The ​airline did a good ​job of ​dealing with a very difficult situation. economic/​financial/​political situation
the particular ​position of a ​building, ​business, city, etc.: Florida's situation is ideal for making use of ​majorsources of ocean ​power.
old-fashioned a ​job
(Definition of situation from the Cambridge Business English Dictionary © Cambridge University Press)
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