The difference between Industrial peace and Lockout
When used as nouns, industrial peace means a state in industrial relations in which both employer and employees abstain from industrial action, such as strikes and lockouts, whereas lockout means the opposite of a strike.
check bellow for the other definitions of Industrial peace and Lockout
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Industrial peace as a noun:
A state in industrial relations in which both employer and employees abstain from industrial action, such as strikes and lockouts.
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Lockout as a noun:
The opposite of a strike; a labor disruption where management refuses to allow workers into a plant to work even if they are willing.
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Lockout as a noun:
The action of installing a lock to keep someone out of an area, such as eviction of a tenant by changing the lock.
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Lockout as a noun (by extension):
The exclusion of others from a certain place or situation.
Examples:
"It's another front-row lockout for Mercedes on the starting grid of the Japanese Grand Prix."
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Lockout as a noun (computing):
A situation where the system is not responding to input.
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Lockout as a noun:
A safety device designed to prevent touching a moving part when it is under operation.
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Lockout as a noun (weightlifting):
The final portion of a weightlifting motion where all applicable limbs or joints are fully extended or "locked out".
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Lockout as a noun (weightlifting):
An exercise meant to increase strength in the lockout portion of a lifting motion.