FA'ILING, ppr. Becoming deficient or insufficient; becoming weaker; decaying; declining; omitting; not executing or performing; miscarrying; neglecting; wanting; becoming bankrupt or insolvent.
FA'ILING, n. 1. The act of failing; deficiency; imperfection; lapse; fault. Failings, in a moral sense, are minor faults, proceeding rather from weakness of intellect or from carelessness, than from bad motives. But the word is often abusively applied to vices of a grosser kind.2. The act of failing or becoming insolvent.