to go bankrupt
- phrasal verb
- /ɡoʊ ˈbæŋkrʌpt/
- 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?
- People shouldn't go bankrupt because they get cancer, right?
- Remember when when Circuit City went bankrupt, Best Buy didn't win anything.
- Is this company going bankrupt or not?
- We did not save the banks, we let them go bankrupt.
- So when you went bankrupt, did you lose everything?
- Like when I start using Spotify, I assume you guys will go bankrupt in like a month.
- I've never heard of a sports, a Major League franchise going bankrupt.
- It's from a department store based on the West Coast that went bankrupt.
- Far better to fix old age programs now rather than have them suddenly go bankrupt later.
- And this, the classic example of that was the company Enron, which went bankrupt when you were young.
Examples
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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.
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If the banks go bankrupt, how can I protect my money?
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Is this company going bankrupt or not?
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So when you went bankrupt, did you lose everything?
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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?
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Fortune 500 companies are going bankrupt.
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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
Go out of business and stop operating
To fail completely and close, especially a business or project
Stop operating because it has run out of money
Antonyms
How Solvent
Surface Forms
Morphology
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'.