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If a plan or business goes belly up, it fails.
He bought stock in the company and then it went belly up. Bad timing. :-(
~R
To go bankrubt
A variant in the US is /tits up/.
Hi,
Is "belly up" a fairly common phrase? Does it sound childish?
Hopelessly ruined or defeated ; especially : bankrupt.
Think of a dead fish floating 'belly up'.
gone bust