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English definition of “lockout”

lockout

noun [C]
 
 
/ˈlɒkaʊt/ WORKPLACE
an occasion when an employer stops workers from entering the place they work in because of a disagreement about working conditions, pay, etc.: A contract agreement would end the company's lockout of nearly 500 union garbage haulers.
→  Compare strike noun
(Definition of lockout from the Cambridge Business English Dictionary © Cambridge University Press)
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