firm went down

USAGE SUMMARY

The phrase "firm went down" is correct and usable in written English.
It can be used to describe a situation where a company or business has failed or ceased operations. Example: "After years of struggling to stay afloat, the firm went down, leaving many employees without jobs."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

Even worse, in this new set-up the bonuses stayed but the risk of being ruined personally when the firm went down was shelved.

The Guardian - Opinion

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

First, it let one big firm go down, and then it became scared enough to nationalize another one to keep it afloat.

The New York Times

Chuck Lauer, vice-president of business development for Rocketplane, another firm going down the liquid-fuelled route, agrees and argues that kerosene is widely used as aviation fuel and nobody complains that it is unsafe.Nor is safety the only issue.

The Economist

Either way, lawyers are rightly being cautious: a public company is far removed from the private professional partnership and any firm going down this road will have several significant hurdles to overcome.

The Guardian

While there is evidence of individual firms going down that route and being successful, it's a great deal different to shift to it being standard for all workers.

The Guardian - Opinion

When Wall Street was run by nonquants, there were lots of little disasters - scandals, rogue traders, individual firms going down - but because the traders were all making independent, uncorrelated bets, the blow-ups were relatively local, and the system as a whole kept chugging along.

Huffington Post

The package bore the name of a downtown brokerage firm & he went down & handed over the bonds, but nobody even said thank you.

The New Yorker

Who would you rather be Firm 1 or Firm 2? Firm 1 because Firm 1's profits went up and Firm 2's profits went down.

Yale University

Why? We've argued that Firm 1's output went up but Firm 2's output went down relative to Cournot.

Yale University

Well we know that Firm 1's output went up and we know that Firm 2's output went down, but can anyone tell me what happened to the total output and why?

Yale University

And when state corporate income taxes went down, public firms increased investments by just 1.6percentt versus 7.4percentt at the matched private firms.

Forbes

Expert writing Tips

Best practice

When using the phrase "firm went down", ensure the context clearly indicates the reason for the failure, such as financial difficulties, market changes, or mismanagement.

Common error

Be specific about the cause of the firm's failure instead of simply stating that the "firm went down". Providing context helps the reader understand the situation more clearly.

Linguistic Context

The phrase "firm went down" functions as a concise way to describe the failure or cessation of operations of a business. Ludwig AI validates that is grammatically correct and usable in written English. This makes it suitable for conveying information about a company's demise.

Expression frequency: Common

Frequent in

News & Media

40%

Academia

30%

Formal & Business

15%

Less common in

Science

5%

Wiki

5%

Reference

5%

Ludwig's WRAP-UP

The phrase "firm went down" is a common and grammatically correct way to express the failure or cessation of operations of a company. As Ludwig AI confirms, the phrase is suitable for use in written English, particularly in news and media, academic discussions, and business contexts. While not overly formal, it effectively conveys the negative outcome of a business's demise. For more formal contexts, alternatives such as "company failed" or "business ceased operations" may be more appropriate. When employing this phrase, clarity is key; ensure that the context provides sufficient detail about the reasons behind the firm's downfall.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

company failed

Replaces "firm" with "company" and uses a more direct term for failure. It's a straightforward synonym.

business collapsed

Emphasizes a sudden and complete failure, using "collapsed" to indicate a rapid decline.

company went bankrupt

Specifically indicates legal bankruptcy, a formal declaration of inability to pay debts.

business closed down

Focuses on the act of ceasing operations, implying a complete shutdown.

firm ceased operations

A more formal way of saying the firm stopped operating, suitable for official announcements.

firm dissolved

Indicates a formal termination of the firm's existence, often legally.

company folded

An informal way of saying the company failed or closed, often used in casual conversation.

business suffered losses

Indicates financial difficulties and decline without necessarily implying complete failure.

company experienced downturn

Describes a period of decline or hardship for the company, not necessarily total failure.

business declined

A general term for a decrease in success or performance.

FAQs

What does it mean when a "firm went down"?

It means the company or business failed, ceased operations, or declared bankruptcy. It generally implies a negative outcome for the organization and its stakeholders.

What can I say instead of "firm went down"?

You can use alternatives like "company failed", "business collapsed", or "company went bankrupt" depending on the context.

Is "firm went down" a formal way to describe a business failure?

While understandable, "firm went down" isn't particularly formal. More formal options include "firm ceased operations" or "the company declared bankruptcy".

How can I use "firm went down" in a sentence?

Example: "After years of struggling with debt, the firm went down, leaving many employees unemployed." Ensure the context is clear and provides relevant details.