GO BROKE Meaning and
Definition
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"Go broke" is an idiomatic expression used to describe a situation where an individual, business, or organization loses all of their financial resources, becoming bankrupt or insolvent due to financial mismanagement or other factors leading to financial downfall. This phrase emphasizes the depletion of financial reserves, resulting in the inability to meet financial obligations or sustain operations.
When someone or something "goes broke," it generally suggests that they have exhausted all available funds, leading to an inability to pay off debts, honor contracts, or continue regular operations. It implies a critical point of financial failure that often requires seeking legal protection, such as filing for bankruptcy. The phrase can be used to describe various financial situations, including personal bankruptcy, business failures, or financial ruin at any level.
The expression "go broke" is often used colloquially and figuratively, capturing the sense of financial collapse or ruin. It underscores the unfortunate outcome of excessive risk-taking, poor financial planning, economic downturns, or unforeseen circumstances that have severe financial ramifications.
In summary, "go broke" refers to the state of financial depletion, where an individual, business, or organization exhausts all financial resources, leading to bankruptcy or insolvency and an inability to fulfill financial responsibilities.
Common Misspellings for GO BROKE
- fo broke
- vo broke
- bo broke
- ho broke
- yo broke
- to broke
- gi broke
- gk broke
- gl broke
- gp broke
- g0 broke
- g9 broke
- go vroke
- go nroke
- go hroke
- go groke
- go beoke
- go bdoke
- go bfoke
- go btoke
Etymology of GO BROKE
The phrase "go broke" can be traced back to the early 19th century in the United States. It originated from the combination of two words: "go" and "broke".
- "Go": This term dates back to Old English and has various meanings, but in this context, it refers to the action of moving or changing state.
- "Broke": This word comes from the Middle English "broke", which means to become bankrupt or without money. It is derived from the Old English word "broc", meaning to suffer loss or be deprived.
Thus, the phrase "go broke" implies the act of becoming financially ruined or bankrupt.
Idioms with the word GO BROKE
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go broke
To "go broke" means to become completely out of money or financially ruined.
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