shutdown

shutdown definition - business

shutdown

  1. The closing of an organization or an end to its doing business: A major budget disagreement in late 1995 between President Clinton and a Republican Congress resulted in a government shutdown.
  2. A halt in production: Lack of inventory resulted in a shutdown of the company's production line.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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