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English definition of “go under”

go under

phrasal verb with go    /ɡoʊ/ verb (present tense goes, present participle going, past tense went  /went/, past participle gone  /ɡɔn, ɡɑn/)
(of a business) to fail financially: Nothing could be done to keep the bank from going under.
(Definition of go under from the Cambridge Academic Content Dictionary © Cambridge University Press)
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