In mechanical engineering, ultimate failure describes the breaking of a material. In general there are two types of failure: fracture and buckling. Fracture of a material occurs when either an internal or external crack elongates the width or length of the material. In ultimate failure this will result in one or more breaks in the material. Buckling occurs when compressive loads are applied to the material instead of cracking the material bows. This is undesirable because most tools that are designed to be straight will be inadequate if curved. If the buckling continues, it will create tension on the outer side of the bend and compression on the inner side, potentially fracturing the material.
In engineering there are multiple types of failures based on the application of the material. In many machine applications any change in the part due to yielding will result in the machine piece needing to be replaced. Although this deformation or weakening of the material is not the technical definition of ultimate failure, the piece has failed. In most technical applications, pieces are rarely allowed to reach their ultimate failure or breakage point, instead for safety factors they are removed at the first signs of significant wear.