closure Meaning in Cambridge Business English Dictionary
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Meaning of "closure" - Business English Dictionary

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closure

noun
 
 
/ˈkləʊʒər/
[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.
(Definition of closure from the Cambridge Business English Dictionary © Cambridge University Press)
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