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- go belly up
go belly up
go belly up
to fail
My company announced layoffs, so I found another job, and then my new company went belly up. Usage notes: usually said about business and other organizations
Etymology: based on the idea of a dead animal found lying on its back, with its belly (stomach) facing up
go belly up
(informal) if a business goes belly up, it fails Factories and farms went belly up because of the debt crisis.