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to go out of business
01
to cease to exist as a functional company or business due to financial challenges or difficulties
![to [go] out of business definition and meaning](https://cdn.langeek.co/photo/22417/original/?type=jpeg "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.
Exemple
The small restaurant went out of business after it struggled to attract enough customers to sustain its operations.
The store owner had to sell up the remaining stock after going out of business.
I was knocked down with a feather when they announced that the company was going out of business.
Despite efforts to revitalize the company, it was forced to go out of business, unable to recover from financial losses.
When our main competitor went out of business, the market segment was there for the taking.
