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The term "belly-up" was invented by an American novelist called John Dos Passos in 1920.

Belly-up is an allusion to dead fish. Which float upside-down, or belly-up, on top of the water.

The term is used as a slang word meaning "financial ruin", "bankrupt" or "defeated".

Even though it was invented in 1920 by Passos, it wasn't really widely heard of until Passos was quoted in America's Washington Post newspaper in 1975, in an article about financial crisis in New York City.

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13y ago

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