Meaning of the word "close down" in English

What does "close down" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

close down

US /kloʊz daʊn/
UK /kloʊz daʊn/
"close down" picture

Phrasal Verb

1.

to stop operating or doing business

Example:
The factory will close down next month, resulting in many job losses.
The government decided to close down all non-essential businesses during the lockdown.
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