shuttering

Definition

The act of closing down a business, facility, or organization, typically permanently.

Etymology

Derived from the Middle English 'shoteren,' referring to the closing of a door or window with a shutter. It evolved metaphorically to describe the permanent closing of businesses.

In the news

The article uses the term to describe the closure of specific institutions or programs, highlighting the economic impact of such events on student loan landscapes.

Student loan delinquencies are stabilizing after policy change, report shows

The Independent

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