closure

closure clo‧sure [ˈkləʊʒə ǁ ˈkloʊʒər] noun [countable]
the act of closing a factory, store, organization etc permanently:

• The factory faces closure if no more money can be found.

• The company's 50 high street stores are currently threatened with closure.

* * *

closure UK US /ˈkləʊʒər/ noun
[C or U] the act of permanently closing a business, factory, etc., or the condition of being closed permanently: »

Unions fought hard against the closure of the mine.

be threatened with/face closure »

The shop is now facing closure after local councillors dismissed the licence application.

»

factory/branch/store closures

»

a proposed/planned/possible closure

»

temporary/permanent/total closure

»

The car maker was saved from closure in 2006.

[S or U] the act of ending something: »

More companies could look to outsource work overseas after the closure of a tax loophole.


Financial and business terms. 2012.

Look at other dictionaries:

  • Closure — may refer to: Closure (container) used to seal a bottle, jug, jar, can, or other container Closure (wine bottle), a stopper Closure (business), the process by which an organization ceases operations Closure (philosophy), a principle in… …   Wikipedia

  • closure — closure, social closure Identified in the writings of Max Weber , and more recently resurrected by the British sociologist Frank Parkin, the concept emerged as an alternative to Marxist theories of inequality and of how the latter is generated,… …   Dictionary of sociology

  • Closure — Видеоаль …   Википедия

  • Closure — Clo sure (kl[=o] zh[ u]r; 135), n. [Of. closure, L. clausura, fr. clauedere to shut. See {Close}, v. t.] 1. The act of shutting; a closing; as, the closure of a chink. [1913 Webster] 2. That which closes or shuts; that by which separate parts are …   The Collaborative International Dictionary of English

  • Closure EP — Closure Compilation album by Everclear Released November 2, 2004 …   Wikipedia

  • closure — late 14c., a barrier, a fence, from O.Fr. closure enclosure; that which encloses, fastening, hedge, wall, fence, also closture barrier, division; enclosure, hedge, fence, wall (12c., Mod.Fr. clôture), from L. clausura lock, fortress, a closing… …   Etymology dictionary

  • closure — [n1] conclusion cease, cessation, close, closing, desistance, end, ending, finish, stop, stoppage, termination; concept 119 Ant. beginning, introduction, opening, start closure [n2] plug, seal blockade, bolt, bung, cap, cork, fastener, latch, lid …   New thesaurus

  • closure — index cessation (termination), close (conclusion), cloture, conclusion (outcome), denouement, end …   Law dictionary

  • closure — ► NOUN 1) an act or process of closing. 2) a device that closes or seals. 3) (in a legislative assembly) a procedure for ending a debate and taking a vote. ORIGIN Latin clausura, from claudere to close …   English terms dictionary

  • closure — [klō′zhər] n. [OFr < L clausura, a closing < pp. of claudere, to CLOSE2] 1. a closing or being closed 2. a finish; end; conclusion 3. the feeling that one s prolonged state of emotional distress over some traumatic experience or situation… …   English World dictionary

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