Meaning of “close (sth) down” in the English Dictionary

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"close (sth) down" in British English

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close (sth) down

phrasal verb with close uk /kləʊz/ us /kloʊz/ verb

(Definition of “close (sth) down” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"close (sth) down" in Business English

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close (sth) down

phrasal verb with close uk /kləʊz/ us verb

if a business or organization closes down or someone closes it down, it stops operating:

The local factory closed down in June.
A spokesperson denied that they had bought the company in order to close it down.

(Definition of “close (sth) down” from the Cambridge Business English Dictionary © Cambridge University Press)