Meaning of “wind sth up” in the English Dictionary

"wind sth up" in British English

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wind sth up

phrasal verb with wind uk /waɪnd/ us /waɪnd/ verb wound, wound

to close a business or organization:

Lawyers were called in to wind up the company.

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