lockout
Definition
Industrial action during which an employer withholds work, and denies employees access to the place of work. In effect, it is a strike by the management to compel a settlement to a labor dispute on terms favorable to the employer. When lock out action is taken by several employers in concert, it is called a joint lockout. Also called shut out.
lockout is in the Entrepreneurship, Management, & Leadership and HR, Teams, & Training subjects.
lockout appears in the definitions of the following terms: strike, cooling-off period, joint lockout, job security and man-days lost
lockout appears in these other terms: notice of lockout, lockout agreement
This content can be found on the following page:
http://www.businessdictionary.com/definition/lockout.html
email to a friend
print this definition
cite this definition
link to this page







