What is another word for went bust?
Pronunciation: [wɛnt bˈʌst] (IPA) 
When a company's financial situation takes a turn for the worse, it is common to say that they "went bust". However, there are many other ways to describe this unfortunate event. Phrases such as "went bankrupt", "went under", "went insolvent", or "collapsed financially" all convey the same idea. Using euphemisms can also soften the message, such as "went out of business" or "ceased trading". Whatever term is used, the result is the same - financial ruin for a company and its stakeholders. When discussing company finances, it is important to choose words carefully to convey accuracy and sensitivity.
