Meaning of the word "on the brink of" in English

What does "on the brink of" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

on the brink of

US /ɑn ðə brɪŋk əv/
UK /ɒn ðə brɪŋk əv/

Phrase

very close to doing or experiencing something, especially something bad or exciting

Example:
The company was on the brink of collapse.
Scientists are on the brink of a major discovery.