to go out of business

Definition & Meaning of "go out of business"in English

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
Examples
After decades of operation, the family-owned bookstore had to go out of business due to competition from online retailers.
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