Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “close-down”

close-down

noun [C or U] ( also close down, closedown)
 
 
the act or process of ending the operations of a business, system, industry, etc. either temporarily or permanently: The partial government close-down is now in a record 20th day. →  See also shutdown
ACCOUNTING the act of ending the payment of invoices for a particular month or the date this happens, so that any invoices received after this date are not processed until the following month: Monthly close down of costs will usually occur at the end of each calendar month. Be aware that without forward planning the Christmas close-down period can delay payment by 28 days.
(Definition of close-down from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of close-down?
Add Cambridge dictionaries to your browser to your website

Word of the Day

be as cold as ice

to be extremely cold

Word of the Day

Let’s celebrate! (words and phrases for parties)

by Kate Woodford,
December 17, 2014
​​​ With Christmas and New Year almost upon us, we thought it a good time to look at the language of parties and celebrations. First, let’s start with the word ‘party’ itself. To have or throw a party or, less commonly, to give a party is to arrange a party: We’re having a

Read More 

cinderella surgery noun

December 15, 2014
cosmetic surgery to the feet We have all heard of people having nose jobs, boob jobs and liposuction – but now a new trend growing in popularity in America: Cinderella surgery.

Read More