A difficult or adverse situation; a predicament or hardship (can refer to financial, personal, or other troubles).
会社は資金繰りの悪化で苦境に立たされている。
The company is in trouble due to worsening cash flow.
彼は家庭の事情で苦境を乗り越えなければならなかった。
He had to overcome a difficult situation caused by family circumstances.
支援のおかげで苦境から脱することができた。
Thanks to the support, we were able to get out of the predicament.