One of the mysteries of the English language finally explained.
1(of a business) become bankrupt.
go bankrupt, cease trading, go into receivership, go into liquidation, become insolvent, be liquidated, be wound up, be closed, be closed down, be shut, be shut downView synonyms
- ‘Mrs Cooper admits that, if she had not got her own source of funding, she could have gone under three times in the early years of the business.’
- ‘In the past year, nearly 14,000 family-owned small businesses have gone under.’
- ‘Businesses have gone under, and there has also been an impact on jobs.’
- ‘If, however, they are willing to admit that the new charges were a ghastly mistake, they should take action quickly before businesses start to go under and some community groups are lost for good.’
- ‘If the bank had gone under, it would have been the biggest financial-sector bankruptcy in Germany's history, according to Business Week magazine.’
- ‘The only problem is as these corporations get bigger then even more smaller businesses go under, unable to compete with lower prices and special offers.’
- ‘His dad couldn't get any money out of the country and the business went under.’
- ‘A worried businessman fears his three York companies could go under if a residential parking permit scheme goes ahead.’
- ‘Some of these businesses might even go under as a result of failing to cope with a sudden downturn in revenues.’
- ‘A lot of businesses go under in the first year and we want to help them stay in business.’
2(of a person) die or suffer an emotional collapse.
- ‘I would think it was a very tearful and desperate time for him and I think this has probably been the closest he has come to going under.’
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