wind up
phrasal verb with wind verb uk/waɪnd/ uswound | wound
[ T ] LAW
to close a business, especially when it is not successful and has debts:
The company was wound up in February with debts of $5.2 million.
[ I or T ]
to end a meeting, discussion, or an activity:
We need to start winding up now as someone else has booked the meeting room.
They announced that they would be winding up the negotiations today.
See also
winding up