Skip to main content
to go bankrupt

to go bankrupt

73 3.5
To be unable to pay debts
  • phrasal verb
  • /ɡoʊ ˈbæŋkrʌpt/
translation icon : quebrar
  • After consecutive losses, the restaurant finally went bankrupt and had to close its doors.
  • firms go bankrupt
  • businesses go bankrupt
  • companies go bankrupt

People shouldn't go bankrupt because they get cancer, right?

Autoplay Next

Examples

  • Too many people go bankrupt when a costly malady hits a family.

    Academic text (2009)
  • Far better to fix old age programs now rather than have them suddenly go bankrupt later.

  • If the banks go bankrupt, how can I protect my money?

  • Is this company going bankrupt or not?

  • So when you went bankrupt, did you lose everything?

  • Her father explained that Ed had owned a company in Chicago that went bankrupt three years before.

    Fiction book (1991)
  • You could suffer a bank run and then go bankrupt, right?

  • Fortune 500 companies are going bankrupt.

  • For example, in these two little towns, at least a half dozen businesses went bankrupt in these years.

    Academic text (2001)
  • We all have to tighten our belts around here otherwise the company will go bankrupt.

Synonyms

to fail
vsto go bankrupt
  • Specialized
361 5.1

Go out of business and stop operating

describes becoming unable to pay debts rather than focusing on closure
to go belly up
vsto go bankrupt
  • Informal
15 5.3

To fail completely and close, especially a business or project

is about becoming unable to pay debts rather than general project failure
to belly up
vsto go bankrupt
  • Informal
7 7.9

Stop operating because it has run out of money

focuses on inability to pay debts rather than casual or informal expression

Antonyms

15 5.5

Having enough money to pay debts and bills

How Solvent

to prosper
88 3.7
to go bankrupt
73 3.5

Surface Forms

go bankrupt infinitive
going bankrupt present participle
goes bankrupt third person singular
gone bankrupt past participle

Morphology

go + bankrupt

The meaning 'to become unable to pay debts' is directly derivable from combining 'go' (come to be in a particular state) with 'bankrupt' (unable to pay debts), yielding a straightforward 'become bankrupt' reading. This follows a common English pattern (go + adjective/participial = change of state), which is cross-linguistically familiar, so a B1 learner who knows the constituents should understand it.

Etymology

Go bankrupt may come from an old Italian phrase that meant 'broken bench'. Money lenders sat at a wooden bench to do business, and when they could not pay people would break the bench to show failure, so the phrase came to mean 'unable to pay debts'.