Out of business: meaning, definitions and examples
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out of business
[ aʊt ʌv ˈbɪznəs ]
business
No longer in operation or functioning; closed down
Synonyms
ceased trading, closed down, shut down
Examples of usage
- The company went out of business after the economic downturn.
- The restaurant had to close its doors and go out of business.
Translations
Translations of the word "out of business" in other languages:
🇵🇹 fora de negócios
🇮🇳 व्यवसाय से बाहर
🇩🇪 außer Betrieb
🇮🇩 bangkrut
🇺🇦 поза бізнесом
🇵🇱 poza biznesem
🇯🇵 廃業する
🇫🇷 hors affaires
🇪🇸 fuera de negocio
🇹🇷 iş dışında
🇰🇷 사업을 접다
🇸🇦 خارج العمل
🇨🇿 mimo provoz
🇸🇰 mimo prevádzky
🇨🇳 停业
🇸🇮 iz poslovanja
🇮🇸 úr rekstri
🇰🇿 бизнеспен айналыспау
🇬🇪 ბიზნესიდან გამოსვლა
🇦🇿 biznesdən çıxmaq
🇲🇽 fuera de negocio
Word origin
The phrase 'out of business' originated in the mid-19th century in the context of commerce and trade. It is used to describe the state of a business that has ceased operations either voluntarily or due to financial difficulties. The term highlights the closure or discontinuation of a business entity, often resulting in job losses and economic repercussions.