belly up

from the GNU version of the Collaborative International Dictionary of English.

• adjective defunct; bankrupt; -- used mostly of commercial organizations; often used in the phrase go belly-up, i. e. to go bankrupt.
• intransitive verb to approach (a counter) and stand in front of it; -- used mostly in the phrase belly up to the bar (i.e. to a counter in a saloon).

from Wiktionary, Creative Commons Attribution/Share-Alike License.

• adjective idiomatic Dead or defunct.
• verb idiomatic To gather close to, or approach eagerly or assertively, as a bar for ordering alcoholic drinks.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

• adjective financially ruined