The phrase "financial setback" means experiencing a negative event or situation that causes a decline in one's financial situation or progress. Full definition
Protect your family and your wealth from financial setbacks. (us.hsbc.com)
Prior to this program's creation, most people had no way to secure coverage and often suffered major financial setbacks from floods. (trustedchoice.com)
Many people suffer financial setbacks in their lives and an auto loan modification may help a person's financial situation. (autos.com)