D defs.my
Entry 1 sense Webster, 1913

Lockout

/läk'-outˌ/ · Lock·out · IPA /lˈɑkˌaʊt/
01 n. The closing of a factory or workshop by an employer, usually in order to bring the workmen to satisfactory terms by a suspension of wages.
  1. 1.
    The closing of a factory or workshop by an employer, usually in order to bring the workmen to satisfactory terms by a suspension of wages.