Meaning of the word "go bankrupt" in English
What does "go bankrupt" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
go bankrupt
US /ɡoʊ ˈbæŋkrʌpt/
UK /ɡəʊ ˈbæŋkrʌpt/
Idiom
to be declared legally unable to pay debts
Example:
•
Many small businesses go bankrupt during an economic recession.
•
If we don't increase our sales, we might go bankrupt.