Definitions for lockoutˈlɒkˌaʊt
This page provides all possible meanings and translations of the word lockout
Random House Webster's College Dictionary
the temporary closing of a business or the refusal by an employer to allow employees to come to work until they accept the employer's terms.
Origin of lockout:
a management action resisting employee's demands; employees are barred from entering the workplace until they agree to terms
The opposite of a strike, a labor disruption where management refuses to allow workers into a plant to work even if they are willing.
The action of installing a lock to keep someone out of an area, such as eviction of a tenant by changing the lock.
A situation where the system is not responding to input.
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
A lockout is a temporary work stoppage or denial of employment during a labor dispute initiated by the management of a company. This is different from a strike, in which employees refuse to work. It is usually implemented by simply refusing to admit employees onto company premises, and may include actions such as changing locks and hiring security guards for the premises. Other implementations include a fine for showing up, or a simple refusal of clocking-in on the time clock. It is therefore referred to as the antithesis of strike.
The Nuttall Encyclopedia
the exclusion of workmen from a factory by the employer to bring them to terms which they decline to accept.
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