go bust

Lose it all

Go bust means to fail financially or go bankrupt.

A business goes bust when it can no longer pay its debts: Three restaurants on this block have gone bust in the past year.

The phrase can also describe losing everything in gambling or speculation: He went bust on a single hand of blackjack.

bankruptcy

insolvent

Unable to pay debts

debtMoney owed another
creditorsThose owed payment
defaultPreset standard option

foreclosure · receivership · liquidation · arrears · delinquency · overextended · overleveraged · undercapitalized · write-off · debts

failure

collapse

Sudden structural failure

ruinComplete destruction or collapse
fallDescend under gravity
declineDecrease or refuse

downfall · crash · folding · closure · shuttering · defunct · kaput · finished · wipeout · belly-up

poverty

broke

Lacking any funds

pennilessCompletely without money
destituteUtterly without means
impoverishedExtremely lacking in money

ruined · wiped out · cleaned out · flat broke · skint · strapped · tapped out · hard up · indigent

crisis

recession

Prolonged economic decline

downturnEconomic decline period
depressionProlonged low state
meltdownCatastrophic loss of control

crash · slump · panic · turmoil · hardship · austerity · contraction · squeeze · distress · emergency

Categories

gambling lingoall in, ante up, raise the stakes, high roller, jackpot
failingfail, fails, collapse, flop, bomb
financial ruinbroke, insolvent, insolvency, liquidation, liquidated
busts

Opposites

business/financial outcome

go bustthrive

Flourish with vigor

flourish · succeed · prosper · boom · make it

financial solvency

go bustmake a fortune

Acquire substantial wealth

strike it rich · cash in · clean up · make money · keep one's head above water

Family

go, gone, bust, busted, bankrupt, bankruptcy, busts, busting, bankrupted

Familiarity: Top 100,000
Profile: Used worldwide · Timeless · Negative · Everyday, not technical · Rated G