go bankrupt

go bankrupt (third-person singular simple present goes bankrupt, present participle going bankrupt, simple past went bankrupt, past participle gone bankrupt)

1. (intransitive) To become bankrupt; to go into liquidation.

   Several thousand companies go bankrupt in the UK each year.

   • 1926, Ernest Hemingway, The Sun Also Rises, page 141:

     "How did you go bankrupt?" Bill asked.
     "Two ways," Mike said. "Gradually and then suddenly."

• go bust
• go under
• go belly-up