Fail

A trade is said to fail if on settlement date either the seller fails to deliver securities in proper form or the buyer fails to deliver funds in proper form. The New York Times Financial Glossary

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fail fail [feɪl] verb
1. [intransitive] COMMERCE if a business fails, it is not successful and loses so much money that it has to close:

• The company failed amid charges that the chairman had stolen $17 million.

• More than 10,000 companies failed with debts of more than 10 million yen.

— failed adjective [only before a noun] :

• the failed Bank of Credit & Commerce International

2. [intransitive] if something you try to do fails, it is not successful:

• A move to vote the chairman off the Bell Resources board failed.

fail to do something

• A salesman may communicate perfectly well with a customer but fail to make a sale.

— failed adjective [only before a noun] :

• The firm collapsed after a failed bid for a rival insurer.

3. [intransitive] if something fails to happen, it does not happen, although you expected or wanted it to:
fail to do something

• The new projects have failed to gain general acceptance from the board.

• If the recovery fails to cut the deficit sharply, a rise in taxes will be needed.

4. [intransitive] MANUFACTURING if equipment or a machine fails, it stops working because there is a fault
5. FARMING [intransitive] if crops fail, they do not grow or produce any food:

• The corn harvest failed after a terrible drought.

6. [intransitive, transitive] to not pass an examination, test or inspection:

• The railway line failed its Board of Trade inspection earlier this year.

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fail UK US /feɪl/ verb
[I] to not succeeed in something you are trying to do: fail to do sth »

They failed to reach an agreement with the board members.

fail in sth »

Last year the company failed in its bid to renew their contract.

»

All their efforts seem to have failed.

»

Some employees will not take risks because they're scared of failing.

[I] if a business fails, it is unsuccessful and cannot continue to operate: »

Over 3000 small businesses failed in the first quarter of the year.

»

Is it better for the economy to let unsuccessful companies fail or to bail them out?

[I or T] to not pass an exam or test, or not reach a necessary standard: »

About half of all candidates taking the more advanced exams fail.

»

The company repeatedly failed inspections by Health and Safety officials.

[I] if a machine or system fails, it stops working: »

If the system fails for any reason, the emergency back-up will kick in.

[I] FORMAL to not do something that you should do: fail to do sth »

What can be done about clients who fail to pay their debts?

See also TOO BIG TO FAIL(Cf. ↑too big to fail)

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • fail — vi 1: to be or become inadequate or unsuccessful esp. in fulfilling certain formal requirements even though one or more terms are left open a contract for sale does not fail for indefiniteness Uniform Commercial Code 2: to become bankrupt or… …   Law dictionary

  • Fail — (f[=a]l) v. i. [imp. & p. p. {Failed} (f[=a]ld); p. pr. & vb. n. {Failing}.] [F. failir, fr. L. fallere, falsum, to deceive, akin to E. fall. See {Fail}, and cf. {Fallacy}, {False}, {Fault}.] 1. To be wanting; to fall short; to be or become… …   The Collaborative International Dictionary of English

  • Fail — Saltar a navegación, búsqueda Fail Freguesia de Portugal …   Wikipedia Español

  • fail — fail·ing·ly; fail; fail·ure; jeo·fail; un·fail·ing; un·fail·ing·ly; un·fail·ing·ness; …   English syllables

  • Fail — Fail, n. [OF. faille, from failir. See {Fail}, v. i.] 1. Miscarriage; failure; deficiency; fault; mostly superseded by {failure} or {failing}, except in the phrase without fail. His highness fail of issue. Shak. [1913 Webster] 2. Death; decease.… …   The Collaborative International Dictionary of English

  • fail — [fāl] vi. [ME failen < OFr faillir, to fail, miss < L fallere, to deceive, disappoint < IE base * ĝhwel , to bend, deviate > Sans hválati, (he) loses the way, errs, Gr phēloein, to deceive] 1. to be lacking or insufficient; fall short …   English World dictionary

  • FAIL (N. du) — FAIL NOËL DU, seigneur de La Hérissaye (1520 1591) Magistrat breton, conseiller au parlement de Bretagne après des études qui lui ont fait faire un traditionnel tour de France des universités: Poitiers, Angers, Bourges et Avignon. Après avoir… …   Encyclopédie Universelle

  • Fail — Fail, v. t. 1. To be wanting to; to be insufficient for; to disappoint; to desert. [1913 Webster] There shall not fail thee a man on the throne. 1 Kings ii. 4. [1913 Webster] 2. To miss of attaining; to lose. [R.] [1913 Webster] Though that seat… …   The Collaborative International Dictionary of English

  • fail — early 13c., from O.Fr. falir (11c., Mod.Fr. faillir) be lacking, miss, not succeed, from V.L. *fallire, from L. fallere to trip, cause to fall; figuratively to deceive, trick, dupe, cheat, elude; fail, be lacking or defective. Related: Failed;… …   Etymology dictionary

  • fail — [v1] be unsuccessful abort, backslide, back wrong horse*, be defeated, be demoted, be found lacking*, be in vain*, be ruined, blunder, break down, come to naught, come to nothing, decline, deteriorate, fall, fall flat*, fall short*, fall through* …   New thesaurus

  • fail — ► VERB 1) be unsuccessful in an undertaking. 2) be unable to meet the standards set by (a test). 3) judge (a candidate in an examination or test) not to have passed. 4) neglect to do. 5) disappoint expectations: chaos has failed to materialize.… …   English terms dictionary

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