go bankrupt


: to be unable to pay one's debts
The company went bankrupt.

Examples of go bankrupt in a Sentence

Recent Examples on the Web The move came amid doubts about its ability to survive, with Tesla CEO Elon Musk suggesting last month that Rivian would go bankrupt in six quarters without dramatic cost-cutting. Steve Mollman, Fortune, 31 Mar. 2024 Elon Musk predicted in 2022 that Rivian (and Lucid) would go bankrupt. Alan Ohnsman, Forbes, 20 Feb. 2024 For early rock promoter pioneers, refunds represented an unacceptable level of uncertainty — a promoter would go bankrupt if spent millions to book an artist, only to have the fans want their money back at the last minute. Dave Brooks, Billboard, 7 Feb. 2024 As the novelty factor fades for tourist investors, early adopters who raised at hundreds or thousand times revenue multiples may go bankrupt or get acquired for fractions of their valuations, while the elusive few that find true product market fit will become the new monopolies. Jessica Mathews, Fortune, 3 Jan. 2024 Historic England Archive/Heritage Images via Getty Images People and companies go bankrupt every so often—but in the U.K., cities are going bankrupt, too. Prarthana Prakash, Fortune Europe, 30 Nov. 2023 And in cases where the new owners go bankrupt, oftentimes the financial responsibility for sealing these orphan wells falls to state or local governments. Tony Briscoe, Los Angeles Times, 3 Oct. 2023 Moussa argued that Trump would have let auto companies go bankrupt during the financial crisis rather than bail them out, as President Barack Obama did in 2009. Meg Kinnard, Fortune, 19 Sep. 2023 Einstein had to overcome growing up Jewish in 19th-century Germany, watching his father go bankrupt. WIRED, 15 Sep. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'go bankrupt.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“Go bankrupt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/go%20bankrupt. Accessed 16 Apr. 2024.

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