Home > Terms > English, UK (UE) > Lockout

Lockout

An agreement between competing companies to close during a strike, or an arbitrary suspension of operations during a contract dispute with a union.

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Retail
  • Category: Supermarkets
  • Company: FMI
  • Product:
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Related terms

lockout
Retail; Supermarkets

An agreement between competing companies to close during a strike, or an arbitrary suspension of operations during a contract dispute with a union.

lockout
Labor; Labor statistics

A temporary withholding or denial of employment during a labor dispute in order to enforce terms of employment upon a group of employees. A lockout is initiated by the management ...

lockout
Labor; Labor relations

When an employer closes down the factory in order to coerce workers into meeting his demands or modifying their demands.

lockout
Computer; Software; Software engineering

A computer resource allocation technique in which shared resources (especially data) are protected by permitting access by only one device or process at a time.

lockout
Telecommunications; General telecom

In telephone systems, treatment of a user's line or trunk that is in trouble, or in a permanent off-hook condition, by automatically disconnecting the line from the switching ...

date code
Retail; Supermarkets

A "sell by" date stamped on a product to ensure freshness. The date assists with quality control (first in, first out) and proper rotation. It may also apply to affixing a "sell ...

date coding
Retail; Supermarkets

A "sell by" date stamped on a product to ensure freshness. The date assists with quality control (first in, first out) and proper rotation. It may also apply to affixing a "sell ...

terminal
Retail; Supermarkets

A computer or cash register display.

graphical information system
Retail; Supermarkets

A computer program that analyzes trade areas to help select a site to build or buy a store.

touch screen
Retail; Supermarkets

A computer screen with sensors that respond to touch.

labor scheduling software
Retail; Supermarkets

A computer software program that creates weekly work schedules for employees and departments. The software program inputs company parameters such as vacation, holidays, work ...

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