- The inability or lack of success in fulfilling certain obligations or requirements
- The state of being unable to pay off financial obligations leading to bankruptcy or financial insolvency
- The act of leaving certain tasks unfinished or neglected
- Despite their best efforts, the new startup could fail due to lack of adequate funding.
- If the company continues to make bad investments, it could fail and file for bankruptcy.
- The team lead could be reprimanded if they fail to complete their assigned duties.