wind down


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wind down

A UK term of art for one of the alternatives to complete retirement from the NHS, which allows a worker to slowly reduce his or her hours in a current post in ways that do not reduce pension benefits.
References in periodicals archive ?
That firm will manage the wind down of this investment.
Saab spokeswoman Gunilla Gustavs said GM's decision to wind down Saab still stands, though it will still entertain bids.
11 per diluted share, including wind down costs of $464,000 related to the non-renewal of the Carsen distribution of Olympus products in Canada at July 31, 2006 (such wind down costs will continue throughout fiscal 2006), $683,000 of expenses related to the acquisition of Crosstex in August 2005 and $682,000 of stock-based compensation.
Included in the Obama administration's report to Congress was the plan to wind down mortgage giants, Fannie Mae and Freddie Mac, to help bring private capital back to the housing market.
According to Reuters, a central bank official has said that the Federal Reserve is not in a hurry to wind down its stimulus measures.
We now understand the complex interactions among the almost 90 Federal and State returns filed to complete the wind down of SP.
NORTHERN Rail will start to wind down its services from 7pm on Christmas Eve, with very few trains running after 9pm.
Tour participants said it was inspiring to see the river wind down from the San Gabriel Mountains to the valley floor.
STEPHEN McCallister, of Battersea, South-West London, has a stressful City job and finds that gardening helps him to wind down at the end of a busy day.
For example, for a cash-burning company with only enough cash in the bank to pay off company creditors: Is it the appropriate time to pay off those creditors and wind down the company?
As a result, the Program has begun to wind down and NCAT may no longer purchase new assets.
Similarly, he is not included in any incentive plans that have been approved by the Court for the wind down of the Company.