What is LOCKOUT?

Employment action. An entity stops or withholds work. The work force is not allowed on entity property during this condition. It is a reverse strike by entity management, intended to compel an entity-favorable settlement to a labor dispute. When several employers in concert conduct a lock out action, it is known as a joint lockout. Also known as shut out.

More On This Topic

Link to This Definition
Did you find this definition of LOCKOUT helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary