倒闭 dǎobì to go bankrupt
to go bankrupt; to close down
How to remember 倒闭: 倒 collapse + 闭 to shut = to go bankrupt.
Characters
How it is used
- To go bankrupt / shut down (of a business) - 公司倒闭 (gōngsī dǎobì) the company went under, 工厂倒闭 the factory closed.
- 倒闭 = a business collapsing/ceasing operations; contrast 破产 (pòchǎn, legal bankruptcy) which is the formal insolvency.
- Here 倒 reads dǎo (to collapse) + 闭 (to close).
- 面临倒闭 (miànlín dǎobì) = on the verge of closing down.
Example sentences
- 许多小公司倒闭了。 Xǔduō xiǎo gōngsī dǎobì le.Many small companies went bankrupt.
- 公司很快就要倒闭了。 Gōngsī hěnkuài jiùyào dǎobì le.The company will soon go bankrupt.
- 公司由于缺乏资本倒闭了。 Gōngsī yóuyú quēfá zīběn dǎobì le.The firm went under due to lack of capital.