Definition of lockout noun from the Oxford Advanced Learner's Dictionary

 

lockout

 noun
noun
BrE BrE//ˈlɒkaʊt//
 
; NAmE NAmE//ˈlɑːkaʊt//
 
 
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a situation when an employer refuses to allow workers into their place of work until they agree to various conditions
See the Oxford Advanced American Dictionary entry: lockout