Meaning

1. State or condition of not meeting a desirable or intended objective, opposite of success.
2. State or condition of not meeting a desirable or intended objective, opposite of success.
3. Omission to do something, whether or not it was attempted, especially something that ought to have been done.
4. An object, person or endeavour in a state of failure or incapable of success.
5. Termination of the ability of an item to perform its required function; breakdown.
6. Bankruptcy.