To be utterly destroyed or demolished; to be completely discredited, disgraced, or to have one's prestige utterly ruined.
公司因管理不善，短短几年间便将所有资产扫地以尽，最终不得不宣布破产。
Due to mismanagement, the company squandered all its assets in just a few years, completely ruining itself, and eventually had to declare bankruptcy.
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