1. An unexpected loss of money or failure in financial matters that hinders progress or causes difficulty
The company experienced a significant financial setback when the major client withdrew their contract.
A empresa sofreu um revés financeiro significativo quando o cliente importante rescindiu o contrato.
2. A temporary reduction in wealth, income, or financial stability
After the medical emergency, the family faced a serious financial setback.
Após a emergência médica, a família enfrentou um grave revés financeiro.