What is another word for “going out of business”?

Present participle for to fail as a business, usually due to bankruptcy

“He declined to put a figure on the number of shops that could close or retailers that could go out of business.”

Going into receivership

(of a business or operation)

Present participle for to stop the operations of, typically due to financial difficulty

Present participle for to stop operations or activity, especially due to failure

Going into liquidation

(of a business)

Present participle for to go bankrupt

Present participle for to stop the operations of, typically due to financial difficulty

Present participle for to stop the operations of, typically due to financial difficulty

Present participle for to fail, especially in spectacular fashion

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