A failed venture that results in bankruptcy. For example, after 5 years of losing money, the company went belly up and folded this past June.
BELLY UP
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
A failed venture that results in bankruptcy. For example, after 5 years of losing money, the company went belly up and folded this past June.