はいぎょう
discontinuation (of business); closing down; giving up (one's practice); retiring
Common word
Noun, Suru verb, Transitive, Intransitive
同社どうしゃは何年間なんねんかんも利益りえきが減へりつづけた後あと、廃業はいぎょうした。
The company went out of business after many years of declining profits.