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Phrase Meanings » out of business
What does "out of business" mean?
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No longer carrying on commercial transactions, as in He's decided to go out of business when he turns sixty-five, or The supermarkets are putting the small grocers out of business.
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Not in working order, inoperative, as in It looks as though the merry-go-round is out of business tonight. Also see out of commission; go out, def. 5.