go bust

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go bust

To experience financial failure or ruin, often as of a business. I'm going to go bust if I have to pay any more medical bills this month! I'm surprised his business went bust—I really thought it was poised for success.
See also: bust, go
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.

go ˈbust

(informal) (of a business) fail financially; become bankrupt: The firm went bust and fifty workers lost their jobs.
See also: bust, go
Farlex Partner Idioms Dictionary © Farlex 2017

go bust

To go bankrupt.
See also: bust, go
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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References in periodicals archive ?
As a result, lots of the people I speak to are concerned about what happens when a business that you've already paid money to - or placed an order with - goes bust.
So, understandably, lots of the people are concerned about what happens when a business goes bust and you haven't got what you purchased.
So, understandably, lots of people are concerned about what happens when a business goes bust and you haven't got what you purchased.
This meant it could avoid contributing to UK travel body ATOL's scheme that protects tourists if an operator goes bust. Instead it paid into the cheaper Spanish refund scheme.
"Some would like to increase wages but at the end of the day job security is also vital, there is no point paying high wages if the company then goes bust.
But what many people don't realise is that a gift voucher is not guaranteed - if the retailer goes bust before the voucher is redeemed, you're very likely to lose your money.
If the dollar goes bust, believe me, we all go bust, have faith, go out and buy.
The amount of compensation investors can claim if their bank or building society goes bust increased to pounds 85,000 yesterday, from pounds 50,000.
Your savings up to a limit of pounds 35,000 PER INDIVIDUAL, are protected if a bank or building society goes bust under the Financial Services Compensation Scheme.
Was it possible for Kurt Williamsen to say all that needed to be said about the "UN Gun Grab Goes Bust" (August 7 issue) in only a page and a half'?
Mr Hobbs added: 'I'm writing to AXA to find out what can be done to get my money back, because I can't believe our insurance covers terrorism, delayed flights and cattery expenses but not costs incurred if a carrier goes bust.'
So understandably, lots of the people I speak to are concerned about what happens when a business goes bust when you've paid them money but haven't got what you purchased.
When a firm goes bust owing you money, goods or services, you join a queue of people known as creditors.
Vouchers and have gone your cash gift cards: If a firm goes bust, then often vouchers you may have with them become invalid.
If a big firm goes bust, Resolver will tell you who's best to contact.