go broke

go broke
go broke
to completely run out of money and other assets. •

This company is going to go broke if you don't stop spending money foolishly.

I made some bad investments last year, and it looks as if I may go broke this year.

* * *
{v. phr.}, {slang} To lose all one's money; especially by taking a chance; owe more than you can pay. * /The inventor went broke because nobody would buy his machine./ * /Dan had a quarter but he went broke matching pennies with Fred./

Dictionary of American idioms. 2013.

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