Synonyms for "Go Bankrupt"

Expand your English vocabulary with synonyms for "go bankrupt" in this informative video.

Understanding different ways to express the concept of going bankrupt can enhance your business vocabulary and make your English more versatile. This video introduces you to alternative expressions commonly used by native speakers to describe a business that has failed financially.

Here are 2 synonyms for "go bankrupt" you'll learn.

• Go belly up: This phrase means that a business or project is unsuccessful or goes bankrupt. Example: "The restaurant went belly up before the end of the first year".
• Go out of business: This term indicates that a shop, firm, or enterprise has closed down or gone bankrupt. Example: "If the new road bypasses the town, a lot of shops will go out of business".

These expressions are useful in both formal and informal contexts, allowing you to describe financial failure in a more colorful and engaging way. Watch the video now to learn these synonyms for "go bankrupt" and start incorporating them into your conversations.