go broke

go broke idiom
Also, go bust. Undergo financial collapse, lose most or all of one's money. For example, The company's about to go broke, or The producer of that movie went bust. The first expression dates from the mid-1600s; the second, slangier variant dates from the mid-1800s.

The American Heritage® Dictionary of Idioms by Christine Ammer. Copyright © 2003, 1997 by The Christine Ammer 1992 Trust. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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