Meaning of “go under” in the English Dictionary

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"go under" in British English

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go under

phrasal verb with go uk /ɡəʊ/ us /ɡoʊ/ verb present participle going, past tense went, past participle gone

(SINK)

to sink:

The ship went under just minutes after the last passenger had been rescued.

(FAIL)

If a company goes under, it fails financially:

The charity will go under unless a generous donor can be found within the next few months.

go under

informal

If a company goes under, it is unsuccessful and has to stop doing business:

Thousands of companies went under during the recession.

(Definition of “go under” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"go under" in American English

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go under

phrasal verb with go us /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)

"go under" in Business English

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go under

phrasal verb with go uk /ɡəʊ/ us verb going, went, gone

[ I ] FINANCE if a company goes under, it becomes bankrupt:

The company will go under unless new financing can be put in place soon.

(Definition of “go under” from the Cambridge Business English Dictionary © Cambridge University Press)