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Go out of business Meaning in English

expression

GOH OWT uhv BIZ-nuhs
guh-OH owt OV BIZ-nuhs

Definition

To stop operating as a business, usually because of financial problems or lack of customers.

Usage & Nuances

Common in business and news contexts, usually neutral or formal. Often used with 'many companies', 'if we don't get more customers, we'll go out of business.' Not used for things like restaurants closing for the day—refers to permanent closure.

Example Sentences

Many small shops go out of business every year.

basic

If the restaurant doesn't get more customers, it will go out of business.

basic

During the crisis, many companies had to go out of business.

basic

The store couldn't keep up with online competitors and finally went out of business.

natural

After 50 years, the local bakery sadly went out of business last month.

natural

I'm worried the cinema might go out of business if people keep streaming movies at home.

natural