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to go bankrupt
01
to run out of money or assets and be unable to pay one's debts or financial obligations
Collocation
Example
The family struggled to pay off their debts and eventually went bankrupt.
They filed for bankruptcy when their business went bankrupt.
The investor lost everything when the brokerage firm went bankrupt.
The entrepreneur's business was a flash in the pan, as it went bankrupt shortly after a brief period of profitability.
The company faced a tough decision when their major supplier went bankrupt, and they found themselves on a sticky wicket.