go/put out of business – Cambridge English Thesaurus with synonyms and examples

Synonyms and examples

close down

With sales down, the company closed one factory down and reduced the workforce at another.

close

Many of the shops on the main street have closed recently.

shut down

The bookshop is shutting down after 25 years of business.

shut

UK

Several of the bank’s local branches are shutting.

close up shop

US

The old distillery has finally closed up shop.

shutter

The company threatened to shutter the plant and leave its 3,000 employees without work.

fail

All his previous start-ups have failed.

fold

Most small businesses fold within a year.

go under

informal

If the strike continues, the company might just go under.

go bust

All the businesses on the street went bust during the recession.

collapse

The bank collapsed without warning, with devastating consequences for the economy.

liquidate

The only way forward is for the company to be liquidated.

go into liquidation

The company has gone into liquidation.

wind up

The court will require them to wind up the company and pay off their creditors.