1. General: Specific ability of an entity (person or organization) or resource, measured in quantity and level of quality, over an extended period. 2. Banking: Borrower's ability to repay a debt on a timely basis, determined by deducting total cash outflows from the borrowers total income during (usually) a month.
Many people go through difficult times in their lives. Sometimes the end result is hitting rock bottom. For some, hitting rock bottom is the wake-up call needed to begin steering life in a more positive direction. When you have hit rock bottom, there is nowhere to go but up. Recognizing some of the common signs is an important part of getting back on your feet. Losing your job. Whether you are struggling with substance abuse or dealing with a financial crisis, losing your job can be a sure sign of hitting rock bottom.
The son or daughter who once wanted nothing but to abuse substances will suddenly realize the error of his or her ways and commit to getting clean. This is the advice Diannee Carden Glenn was given by her sonâs therapist, but in an article for The Fix, she points out that the reality of this advice is far from pleasant. Tough Love and Hitting Rock Bottom in Addiction