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The phrase "go out of business" refers to a company or organization ceasing its operations, typically because of financial failure. It means that the company has to shut down and stop selling its products or services due to a lack of money or inability to compete in the market.
The meaning of OUT OF BUSINESS is closed down : no longer in business. How to use out of business in a sentence.
go out of business. To cease operating as a commercial business, typically because there is not enough commercial activity to cover costs and make a profit. No, Tom's Hardware went out of business years ago. These massive retail chains have caused a lot of smaller companies to go out of business. A: "That company's already been gone out of ...
no longer operating as a company that produces, buys, or sells goods and services: This new tax will put a lot of small firms out of business. A lot of hospitality venues went out of business during the pandemic. See. business. Fewer examples. The cafe has been out of business for nearly three years now.
(go) out of business meaning, definition, what is (go) out of business: if a company goes out of business, or so...: Learn more.
'Out of business' means that someone has ceased operations when the literal meaning of the phrase is used. 'Out of business' can also be used to mean that something has stopped, though it does not necessarily have to refer to business operations as figurative use.
out of business. No longer carrying on commercial transactions, as in He's decided to go out of business when he turns sixty-five , or The supermarkets are putting the small grocers out of business . Not in working order, inoperative, as in It looks as though the merry-go-round is out of business tonight . Also see out of commission ; go out ...
go out of business. To cease operating as a commercial business, typically because there is not enough commercial activity to cover costs and make a profit. No, Tom's Hardware went out of business years ago. These massive retail chains have caused a lot of smaller companies to go out of business.
out of business. phrase B2. If a shop or company goes out of business or is put out of business, it has to stop trading because it is not making enough money. Thousands of firms could go out of business. See full dictionary entry for business. Collins COBUILD Advanced Learner’s Dictionary.
'Out of business' in a sentence: The complaint seeks to strip the theater of its liquor license, a move that could put it out of business.