This company decided to shut up shop in this country and move to America, where corporate taxes are lower.
Wikipedia foundation.
shut up shop — UK INFORMAL ► to stop operating a business either temporarily or permanently: »Last weekend the greengrocer shut up shop and others are likely to follow. »In contrast to other national institutions that are shutting up shop for Christmas, nobody… … Financial and business terms
shut up shop — phrasal : to cease or suspend an operation or activity the committee decided to shut up shop, at least for the present Atlantic even the city s criminals seem to have shut up shop for the occasion S.E.Hyman * * * see shop * * * shut up ˈshop… … Useful english dictionary
shut up shop — British 1) to stop working at the end of the day I was just about to shut up shop when Marie came in. 2) to close a business permanently They were finally forced to shut up shop last January … English dictionary
shut up shop — British & Australian, mainly American to stop doing business, either temporarily or permanently. They were forced to shut up shop because they weren t getting enough customers … New idioms dictionary
shut up shop — cease trading. → shut … English new terms dictionary
shut up shop — close a business; go on strike, stop working … English contemporary dictionary
shut — [ʆʌt] verb shut PTandPP shutting PRESPART [intransitive, transitive] 1. also shut down COMMERCE if a company, factory etc shuts or is shut, it stops operating permanently; =close down … Financial and business terms
shop — /shop/, n., v., shopped, shopping, interj. n. 1. a retail store, esp. a small one. 2. a small store or department in a large store selling a specific or select type of goods: the ski shop at Smith s. 3. the workshop of a craftsperson or artisan.… … Universalium
shop — [shäp] n. [ME schoppe < OE sceoppa, booth, stall, akin to Ger schopf, porch < IE base * (s)keup , a bundle, sheaf of straw: prob. basic meaning “roof made of straw thatch”] 1. a) a place where certain goods or services are offered for sale; … English World dictionary
shut — shut1 W2S1 [ʃʌt] v past tense and past participle shut present participle shutting [: Old English; Origin: scyttan] 1.) [I and T] to close something, or to become closed ▪ Shut the window, Ellen! ▪ I heard his bedroom door shut. ▪ She lay down on … Dictionary of contemporary English
