down and out—

1. said of a person without means of livelihood:

• “You’ve never been down and out, I imagine, Mr. Forsyte?” “No,” answered Soames.

2. (of business, etc.) lacking resources or prospects:

• The local housing industry is down and out.

Cf.: down but not out— said of smb. who is down on his luck or suffered a serious setback but feels hopeful:

• Though analysts feel that Khin Nyunt is down but not out, as of now the chances of his return to power are not bright.

up and out—(UK) convalescent; no longer in bed:

• There was Phyllis to help me recoup and now I am 【 up and out】 again getting into trouble just like before.