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English definition of “wind up”

wind up

phrasal verb with wind     /waɪnd/ verb (wound, wound)
[T] LAW to close a business , especially when it is not successful and has debts : The company was wound up in February with debts of $5.2 million.
[I or T] to end a meeting , discussion , or an activity : We need to start winding up now as someone else has booked the meeting room . They announced that they would be winding up the negotiations today. → See also winding up
(Definition of wind up from the Cambridge Business English Dictionary © Cambridge University Press)
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