Business Failure

All Washed Up
A term used to describe the state of a business that has failed, where all of its assets and properties are liquidated because there is no more work or business activities to conduct.
All Washed Up
The term 'all washed up' is an idiom often used to describe someone or something that is no longer effective, successful, or relevant.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.