Definition
to bring something to an end slowly or in stages, or to facilitate this process.
At the end of the holiday, the school will wind down all its classes.
They decided to wind down the project slowly to allocate resources better.
The hospital plans to wind down certain outpatient services over the next few months.
When a business or entity reduces its operations progressively until it is fully closed.
The company is winding down its operations gradually, eventually closing all its branches.
As demand decreases, the factory will wind down its activities gradually.
After the new policy was implemented, the agency started to wind down the services it offered.