go out of business

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Also found in: Financial, Acronyms.

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.
See also: business, go, of, out

go out of business

to stop doing commerce or business. The new shop will probably go out of business if sales don't get better. I have to work hard to keep from going out of business.
See also: business, go, of, out