go belly-up

1 definition found

go belly-up - Collaborative International Dictionary of English v.0.48 :

  belly up \bel"ly up`\, belly-up \bel"ly-up`\, a. [from analogy
     to the position of a floating dead fish.]
     defunct; bankrupt; -- used mostly of commercial
     organizations; often used in the phrase
  
     go belly-up, i. e. to go bankrupt.
        [PJC]