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3) to go broke = to go bust = to declare oneself or one’s business unable to pay debts
e.g. If the economy doesn’t improve, many companies may go bust.

Phrasal verbs consist of verbs plus one or two particles. They are called phrasal not only because they represent a two or three word phrases, but because most of them have phraseological, i.e. idiomatic meanings.
Phrasal verbs are a feature of an informal talk and they have their more formal equivalents. However, to be able to engage in a lively conversation you have to be familiar with them, as well as be able to use them. Six most common verbs found in phrasal verbs are:

GET, TAKE, PUT, COME, GO, SET

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