1) Became insolvent 2) Bungled 3) Came a cropper 4) Came up short 5) Didnt pass 6) English phrase 7) Erstwhile 8) Failing 9) Fell short 10) Former 11) Has-been 12) Inferior 13) Laid an egg 14) Messed up 15) Needed to retake 16) Neglected to move afield 17) One-time 18) Poor 19) Received an F 20) Ruined 1) Failing 2) Flopped 3) Ineffective 4) Unsuccessful 
• (imp. & p. p.) of Fail
[adj] - unable to meet financial obligations
failing adjective unable to meet financial obligations; `a failing business venture`