What does “Go bust” mean?
"Go bust" means to go bankrupt or to fail financially.
What context can I use the in?
Example
The company went bust after a series of bad investments.
Example
Their business went bust due to a lack of customers.
Example
He lost all his savings when his investments went bust
Is “Go bust” an expression, an idiom, or a proverb?
“Go bust” is a proverb. A proverb is a short saying that teaches us something important or gives us advice. Unlike an idiom, it’s easy to understand even if it uses figurative language.
How would I use “Go bust” effectively in context?
You can use "Go Bust" to describe a situation where a company or individual goes bankrupt or fails financially. It emphasizes the idea of financial collapse or failure. For example, if someone asks about a failed business, you might say, 'Unfortunately, the company went bust due to mismanagement and a lack of customers.'
- 1Business
After years of struggling, their restaurant finally went bust and had to close its doors.
- 2Investments
He lost all his savings when his investments went bust during the economic downturn.
- 3Personal Finances
Due to excessive spending and poor financial planning, she eventually went bust and had to declare bankruptcy.
Similar phrases to “Go bust”:
To experience a financial collapse or failure
Example
His investments collapsed financially during the economic crisis.
Good things to know:
Where does the phrase “Go bust” come from?
The origin of the phrase "Go Bust" is unknown.
Is “Go bust” common in everyday conversation?
"Go Bust" is a common expression in everyday conversation, especially when discussing business or financial matters. It is frequently used to describe the failure or bankruptcy of companies or individuals.
What tone does “Go bust” have?
"Go Bust" conveys a tone of disappointment and financial loss. It is often used to discuss negative outcomes and financial hardships.
Can “Go bust” be used in informal and formal settings?
"Go Bust" is an informal expression commonly used in casual conversations. It may not be suitable for more formal or professional settings.
Can it be used by itself, or is it usually part of a sentence?
It is commonly used as part of a sentence to convey its full meaning. For example, 'Their business went bust after years of struggling.' However, in informal conversations, people might understand the phrase even if used alone, like saying 'Their business "went bust"!' to express surprise or disappointment.
