go out of business
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Definition & Bedeutung von "[go] out of business"

to go out of business
01

wenn ein Unternehmen scheitert

to cease to exist as a functional company or business due to financial challenges or difficulties
to [go] out of business definition and meaning

What is the origin of the idiom "go out of business" and when to use it?

The idiom "go out of business" is a straightforward expression that originates from the world of commerce and trade. This phrase is used to describe the closure or cessation of operations of a business or company, often due to financial difficulties, lack of profitability, or other reasons.

example
Beispiel
examples
I was knocked down with a feather when they announced that the company was going out of business.
After decades of operation, the family-owned bookstore had to go out of business due to competition from online retailers.
The economic recession caused many businesses to go out of business, leading to job losses and financial hardship.
When our main competitor went out of business, the market segment was there for the taking.
The small restaurant went out of business after it struggled to attract enough customers to sustain its operations.
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