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What is another word for going out of business?

Pronunciation: [ɡˌə͡ʊɪŋ ˌa͡ʊtəv bˈɪznəs] (IPA)

There are several synonyms that can be used to describe a business that is going out of business. One of the most common phrases used is "closing down," which suggests that the business is shutting its doors permanently. Another term that is often used is "liquidating," which means that the business is selling off its assets to pay off debts. "Bankrupt" is another term that is used to describe a business that is going out of business, as it implies that the company is unable to pay its debts. Other phrases that can be used include "winding up" and "shutting down." Overall, there are many different ways to describe a business that is closing its doors, and the choice of terminology will often depend on the context and the tone of the discussion.
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Synonyms for Going out of business:

What are the hypernyms for Going out of business?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for going out of business?

When a company is not "going out of business," the opposite antonym would be " thriving" or "prospering." When a company is not planning on closing down, they are "growing," "expanding," "developing," or "flourishing." They could also be "opening new branches," "introducing new products," and "increasing sales," which are all antonyms for "going out of business." A company that is doing well has satisfied customers, happy employees, and a solid reputation. It is important for companies to avoid "going out of business" because it is a devastating event that can lead to financial ruin, reputational damage, and loss of jobs.

What are the antonyms for Going out of business?

Famous quotes with Going out of business

  • A lot of the point mags are going out of business. They dropped the pay tremendously and it's all because of the internet. I used to go out once a month to LA and shoot for one week. I'd make a ton of money then come back to New York and do whatever I wanted.
    Richard Kern

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