题目中的distressed 该如何理解？fair value和fair market value理解上有何区分？

问题如下：

With respect to 2 Statements, which of the following measures of value would the distressed securities fund’s analyst consider that a core equity fund analyst might ignore?

Statement 1

“For its distressed securities fund, Guardian Capital screens its investable universe of securities for companies in financial distress.”

Statement 2

“For its core equity fund, Guardian Capital selects financially sound companies that are expected to generate significant positive free cash flow from core business operations within a multiyear forecast horizon.”

选项：

A.

Fair value

B.

Liquidation value

C.

Fair market value

解释：

The measure of value the distressed securities fund’s analyst would consider that the core equity fund analyst might ignore is liquidation value. The liquidation value of a company is its value if it were dissolved and its assets sold individually