Foundered

The term 'foundered' refers to the act of sinking or failing, commonly used in the context of ships that sink after hitting rocks or other underwater hazards. It can also describe a situation where plans, projects, or ambitions have collapsed or failed dramatically due to various unforeseen circumstances. Often marked by an abrupt halt, the term reflects a sense of total unraveling.

Foundered meaning with examples

• The once-promising startup foundered when it ran out of funding and failed to secure new investors. Despite initial excitement in the investor community, critical mismanagement led to a series of setbacks that overwhelmed the company’s resources, ultimately resulting in its closure and left many employees in debt and uncertainty about their future.
• During the financial crisis, many ambitious housing projects foundered as banks ceased lending money for new construction. The housing market's collapse sent shockwaves across the economy, leading to widespread job losses in construction and real estate, as plans that once held promise were dashed and families lost their dreams of homeownership.
• Her plans to travel the world foundered when she was unexpectedly faced with a chronic illness. Instead of exploring exotic new locations and experiencing different cultures, she found herself limited by her health, rewriting her dreams and finding solace in local adventures—an approach that taught her about resilience and the value of simple joys.
• The political campaign foundered after a series of damaging scandals came to light, eroding public trust and support. Despite the candidate's vast potential and strategic planning, the unanticipated revelations created an environment of doubt, ultimately leading to a withdrawal from the race and leaving supporters disillusioned.