Closure: Difference between revisions
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imported>Doug Williamson (Add definitions - sources - linked pages.) |
imported>Doug Williamson (Update links.) |
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The permanent or temporary ending of a structure or activity. | The permanent or temporary ending of a structure or activity. | ||
For example, shutting down a business | For example, shutting down a business unit. | ||
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== See also == | == See also == | ||
* [[Business unit]] | |||
* [[Close]] | * [[Close]] | ||
* [[Closed]] | * [[Closed]] | ||
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* [[Pension]] | * [[Pension]] | ||
* [[Resolution]] | * [[Resolution]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] |
Revision as of 17:00, 23 August 2022
1. Pensions.
Ceasing to allow new members to join a pension scheme.
Closure of a pension scheme does not - of itself - mean the freezing of benefit accrual for existing members of the scheme.
2. Structures - activities.
The permanent or temporary ending of a structure or activity.
For example, shutting down a business unit.
3. Disputes - resolution.
In a positive sense, a feeling that a dispute has been resolved in some fashion, and that the parties can now move on to other concerns in the future.