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go out of business
/ɡˌəʊ ˌaʊtəv bˈɪznəs/
/ɡˌoʊ ˌaʊɾəv bˈɪznəs/
to go out of business
[PHRASE]1
to cease to exist as a functional company or business due to financial challenges or difficulties
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.