
Out of business
Economic Failure
Used to indicate that a business has stopped making money and cannot continue.

Many restaurants go out of business within their first year.
Permanent Closure
Often implies that the shutdown of operations is permanent, not just a temporary break.

Once a shop is out of business, it rarely reopens.
Not Bankruptcy
Does not always mean the company has gone bankrupt; it could close for other reasons.

The owner retired and put the store out of business.
WordUp Chrome Extension
As you browse the web instantly look up words you don’t know.
Get Chrome Extension