closure
noun
uk/ˈkləʊʒər/ us [ C or U ]
the act of permanently closing a business, factory, etc., or the condition of being closed permanently:
Unions fought hard against the closure of the mine.
be threatened with/face closure The shop is now facing closure after local councillors dismissed the licence application.
factory/branch/store closures
a proposed/planned/possible closure
temporary/permanent/total closure
The car maker was saved from closure in 2006.
[ S or U ]
the act of ending something:
More companies could look to outsource work overseas after the closure of a tax loophole.