Closure
From ACT Wiki
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.
