belly up
belly up , intransitive verb
to approach (a counter) and stand in front of it; -- used mostly in the phrase belly up to the bar (that is to a counter in a saloon).
belly up , adjective
[from analogy to the position of a floating dead fish.]
defunct; bankrupt; -- used mostly of commercial organizations; often used in the phrase go belly-up, that is to go bankrupt.
Also: belly-up