Used when a business ceases to exist and will not reopen.

Permanence

Often implies financial failure or bankruptcy.

Economic Reasons

May evoke a sense of loss in a community, especially for longstanding businesses.

Indicates no further entries allowed, often because of reaching full capacity.

Can suggest a temporary status, possibly opening up again later.

Suggests a desire to maintain privacy or secrecy.

Used when information is restricted to prevent further harm to reputation.