To have a major, negative financial event. For example, to lose your home due to fire (BANKRUPTCY DICTIONARY OF TERMS)/.
United Glossary of Bankruptcy Terms 2012.
Glossary of Bankruptcy.
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Catastrophic — Cat a*stroph ic, a. Of a pertaining to a catastrophe. B. Powell. [1913 Webster] … The Collaborative International Dictionary of English
catastrophic — index adverse (negative), deplorable, dire, disastrous, fatal, harmful, pernicious, regrettable … Law dictionary
catastrophic — (adj.) 1824, from CATASTROPHE (Cf. catastrophe) + IC (Cf. ic) … Etymology dictionary
catastrophic — [[t]kæ̱təstrɒ̱fɪk[/t]] 1) ADJ GRADED Something that is catastrophic involves or causes a sudden terrible disaster. A tidal wave caused by the earthquake hit the coast causing catastrophic damage... The water shortage in this country is… … English dictionary
catastrophic — adj. VERBS ▪ be, prove ADVERB ▪ absolutely, truly ▪ potentially PREPOSITION ▪ … Collocations dictionary
catastrophic — cat|a|stroph|ic [ ,kætə strafık ] adjective causing a lot of damage or making a lot of people suffer: catastrophic floods a. used for describing something that is very bad: the company s catastrophic losses ╾ cat|a|stroph|i|cal|ly [ ,kætə… … Usage of the words and phrases in modern English
catastrophic — UK [ˌkætəˈstrɒfɪk] / US [ˌkætəˈstrɑfɪk] adjective a) causing a lot of damage, or making a lot of people suffer Catastrophic floods have devastated the region. b) used for describing something that is very bad the company s catastrophic losses… … English dictionary
catastrophic — adjective extremely harmful; bringing physical or financial ruin (Freq. 1) a catastrophic depression catastrophic illness a ruinous course of action • Syn: ↑ruinous • Similar to: ↑harmful … Useful english dictionary
catastrophic — cat·a·stroph·ic (kăt ə strŏfʹĭk) adj. 1. Of, relating to, or involving a catastrophe. 2. Involving or resulting in substantial, often ruinous medical expense: a catastrophic illness. cat a·strophʹi·cal·ly adv. * * * … Universalium
catastrophic — adjective a) Of or pertaining to a catastrophe. The reason why Jon Kate Plus 8 is such a hot topic is because it might all be a sham. It’s been claimed that Jon has a string of mistresses, that Kate had an affair with her bodyguard and that Baby… … Wiktionary