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What is ill timed financing?



 
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What is ill timed financing? #1 (permalink) Sun Nov 21, 2010 14:24 pm   What is ill timed financing?
 

English Language Tests, Intermediate level

ESL/EFL Test #175 "Expressions with 'ill': 'ill at ease', 'ill-mannered'", question 7

According to the Small Business Association (SBA), "Inadequate or ......... financing is a major reason for small-business failure."

(a) ill mannered
(b) ill at ease
(c) ill advised
(d) ill timed

English Language Tests, Intermediate level

ESL/EFL Test #175 "Expressions with 'ill': 'ill at ease', 'ill-mannered'", answer 7

According to the Small Business Association (SBA), "Inadequate or ill timed financing is a major reason for small-business failure."

Correct answer: (d) ill timed
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What does it mean by "ill timed financing"?
thanks.
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What is ill timed financing? #2 (permalink) Sun Nov 21, 2010 16:09 pm   What is ill timed financing?
 

financing at the wrong time commercially. eg. borrowing just as interest rates are rising steeply.
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