situationsit·u·a·tion /ˌsɪtʃuˈeɪʃən/ noun [countableC] a combination of all that is happening and all the conditions that exist at a particular time and placeI’d better go and see the boss and explain the situation.
In view of the company’s financial situation, there will be no salary increases this year.
We are unlikely to have a full-employment situation this year.
→ special situation