go out of business
volume

Визначення та Значення "go out of business"

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
IdiomIdiom

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
Приклад
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.
The small restaurant went out of business after it struggled to attract enough customers to sustain its operations.
The company's monopoly in the industry put its competitors over a barrel, giving them no choice but to accept unfair business terms or risk going out of business.
Despite efforts to revitalize the company, it was forced to go out of business, unable to recover from financial losses.
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