Meaning of “situation” in the English Dictionary

"situation" in British English

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situationnoun [ C ]

uk /ˌsɪtʃ.uˈeɪ.ʃən/ us /ˌsɪtʃ.uˈeɪ.ʃən/

B1 the set of things that are happening and the conditions that exist at a particular time 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 local school.

formal the position of something, especially a town, building, etc.:

The house's situation in the river valley 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 particular time:

I was in a situation where I didn’t have cash handy.

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

"situation" in Business English

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situationnoun [ C ]

uk /ˌsɪtjuˈeɪʃən/ us

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 retail price.
The airline did a good job of dealing with a very difficult situation.

the particular position of a building, business, city, etc.:

Florida's situation is ideal for making use of major sources of ocean power.

old-fashioned a job

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