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What does "go under" mean?

  1. Suffer defeat or destruction; fail. For example, We feared the business would go under after the founder died. [Mid-1800s]
  2. Lose consciousness. For example, Ether was the first anesthetic to make patients go under quickly and completely. This usage dates from the 1930s.
  3. Submerge, sink, as in This leaky boat is about to go under.

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