to die
to fail
shut down a business
go bankrupt
Many companies went belly up during the great inflation.
Due to rising attraction of online business, small vendors seem to belly up within few years.
The builder went belly up after having lost his case to the government.
The new restaurant in town went belly up just after a month of its inauguration.
His failed dream of being a singer has gone belly up.
The sports team lost their last series & went belly up.
The entrepreneur went belly up when the stock market declined & he lost his shares.
It takes great effort to make a business survive in the market. 70% businesses go belly up during the first decade itself.
The industrialist went belly up during the earthquake when his entire land & mills were destroyed.
There is no origin for this idiom
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definition
Common phrase that has a specific meaning.