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go bust

verb

Definitions

  1. To become bankrupt.

    • Several thousand companies go bust in the UK each year.
    • Steam gave a last hurrah for some, but North British went bust in 1962, unable to make the transition to modern traction.
    • It is not difficult to believe [...] that if an extra pat of butter were given on any one morning to each of the five hunderd boys the school would (to use their elegant expression) go bust!

The neighborhood

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sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA