Situation (noun)

1. The way in which something or someone is placed or located.
2. The state or conditions in which something or someone exists or operates.
3. A set of circumstances in which something or someone exists or operates.

Origin:

Late middle english, from old french, from latin situatio a placing, from situare to place, from situ position.

Examples:

1. She was in a difficult situation and didn't know what to do.
2. The company was in a precarious financial situation.
3. He found himself in a dangerous situation.
4. She was in a no-win situation.
5. The situation in the country was becoming increasingly unstable.