Meaning of the word "go out of business" in English
What does "go out of business" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
go out of business
US /ɡoʊ aʊt əv ˈbɪz.nɪs/
UK /ɡoʊ aʊt əv ˈbɪz.nɪs/
Phrase
1.
to stop operating as a business, usually because of financial problems
Example:
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Many small shops had to go out of business during the recession.
•
If sales don't improve, the company will go out of business by next year.
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