go bankrupt
go bankrupt — idiom
1. to reach a legal and financial state in which a person or company has lost all t
to reach a legal and financial state in which a person or company has lost all their money and is officially unable to pay the money they owe to others
After the factory closed, the town's only grocery store went bankrupt within six months.
collocation: go bankrupt within [time period]
Nikos invested all his savings in the restaurant, but it went bankrupt within a year.
collocation: go bankrupt within [time period]
The small farming cooperative went bankrupt when the drought destroyed three harvests in a row.
Gita warned her brother that his courier service would go bankrupt if he kept spending too freely.
- become insolvent
more formal and technical, often used in legal or financial documents
- fold
informal, implies the business closes down permanently
- go under
informal, suggests being overwhelmed by financial difficulties
- turn a profit
opposite outcome — making money instead of losing it
文法句型
go bankrupt
用法筆記
Commonly used with businesses or individuals who have reached a point where debts exceed assets. The verb 'go' is conjugated (goes/went/has gone). In formal contexts, the term 'file for bankruptcy' is also used.