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  2. OUT OF BUSINESS meaning: 1. no longer operating as a company that produces, buys, or sells goods and services: 2. no longer…. Learn more.

  3. Aug 21, 2023 · When a business "goes out of business," it means that it has to shut down, often because of bankruptcy or inability to compete in the market. Let's explore its core meanings and usage: "Go out of business" refers to the permanent closing of a company or organization, often due to financial failure.

  4. The meaning of OUT OF BUSINESS is closed down : no longer in business. How to use out of business in a sentence.

  5. go out of business. To cease operating as a commercial business, typically because there is not enough commercial activity to cover costs and make a profit. No, Tom's Hardware went out of business years ago. These massive retail chains have caused a lot of smaller companies to go out of business.

  6. 3 days ago · If a shop or company goes out of business or is put out of business, it has to stop trading.... Click for English pronunciations, examples sentences, video.

  7. Meaning. If a company goes out of business, it stops trading and closes down. For example. A lot of companies went out of business during the economic recession. What will you do if your company goes out of business? Quick Quiz. My company went out of business because we. a. wanted to increase sales. b. couldn't make a profit.

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