From Longman Dictionary of Contemporary Englishgo under phrasal verb1 FAILif a business goes under, it has to stop operating because of financial problems More than 7,000 businesses have gone under in the last three months.2 DOWNto sink beneath the surface of water The Titanic finally went under. She went under, coughing and spluttering. → go→ See Verb table
Examples from the Corpus
go under• By the time the sea rescue service arrived, the ship had gone under.• If spending levels did not escalate at this season then many businesses would go under.• In each case the lower circulation title went under.• The little child, the wood dove, was going under.• It occurred to him that all the people coming and going under his roof, other than himself, were redheads.• Go under it, I told myself.• According to the only survivor, his comrades went under one by one.• They fear that if the Food Bank goes under, people will starve.• When the company went under, some of our workers found positions with Ford.• Empedocles follows Parmenides in saying that the sun goes under the Earth to cause nightfall.• We are aware of brands going under the names Nicostop, Nicorene, Nicotine Patch, Nicocheck, and Nicoban.From Longman Business Dictionarygo under phrasal verb [intransitive]COMMERCE if a business goes under, it fails because of financial difficultiesAs their smaller competitors go under, the large home-building companies grab more and more of the market. → go→ See Verb table 