or fold-up

  1. something, as a chair or bed, that can be folded up and stored away when not in use.
  2. termination or closing: the foldup of the town's newspaper.
  3. a giving in; capitulation: a foldup of management under union pressure.

Origin of foldup

First recorded in 1890–95; noun use of verb phrase fold up Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018