(~s, ~ing, ~ed)
1.
People or organizations that go ~ do not have enough money to pay their debts. (BUSINESS)
If the firm cannot sell its products, it will go ~...
He was declared ~ after failing to pay a ?114m loan guarantee.
= insolvent
ADJ
2.
To ~ a person or organization means to make them go ~. (BUSINESS)
The move to the market nearly ~ed the firm and its director...
VERB: V n
3.
A ~ is a person who has been declared ~ by a court of law. (BUSINESS)
N-COUNT
4.
If you say that something is ~, you are emphasizing that it lacks any value or worth.
He really thinks that European civilisation is morally ~.
ADJ emphasis