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go belly up

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia 0.01 sec.
go belly up  (informal)
if a business goes belly up, it fails Factories and farms went belly up because of the debt crisis.
See also: belly, up

go belly up
to fail My company announced layoffs, so I found another job, and then my new company went belly up.
Usage notes: usually said about business and other organizations
Etymology: based on the idea of a dead animal found lying on its back, with its belly (stomach) facing up
See also: belly, up


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