distressed

1. (of merchandise, etc.) Damaged.usually

2. (of a property) Offered for sale after foreclosure.

3. (of furniture, etc.) Faded or abused in order to appear old, or antique.Examples: "Distressed jeans bear all the signs of exertion, while the consumer never has to lift a finger. What could be more luxurious than that?"; "Lawyers for Hirst accepted that his works had on occasion “been made to look older or distressed”."usually

4. (finance, of securities) Experiencing financial or operational distress, default, or bankruptcy.Examples: "distressed debt"; "Funds that buy “distressed” debt, which typically yields ten percentage points or more over Treasuries, are becoming familiar villains."; "Sam Zell called himself “the Grave Dancer”, even though, as he explained, his penchant for buying distressed assets “wasn’t so much dancing on graves as …raising the dead”."