Meaning Become badly and permanently inoperative.
Usage Worldwide.
Example
- The company has gone belly up - they had millions in debts and their only customer went elsewhere.
Pronunciation
Idiom
Go belly up
What does "Go belly up" mean?
Become badly and permanently inoperative.
Go belly (or tits) up
Britain, 20th century. The allusion is to fish floating dead in the water.