go out of business go out of business {v. phr.} To cease functioning as a commercial enterprise. The windows of the store are all boarded up because they went out of business. Categories: add yours business {v. phr.} Source: A Dictionary of American Idioms by A. Makkai, M.T. Boatner, J.E. Gates © 2025 To section: G Subscribe to: American IdiomsIdioms feedEnglish languageHome page and general feed Comment on this entry