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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")
IdiomWhat 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
After decades of operation, the family-owned bookstore had to go out of business due to competition from online retailers.
Despite efforts to revitalize the company, it was forced to go out of business, unable to recover from financial losses.
