go bust . go bust {v. phr.}, {slang} To become bankrupt. Our company lost a lot of money and went bust. Compare: BELLY UP. Categories: add yours {slang} {v. phr.} Source: A Dictionary of American Idioms by A. Makkai, M.T. Boatner, J.E. Gates © 2024 To section: G Subscribe to: American IdiomsIdioms feedEnglish languageHome page and general feed Leave my opinion