close out

British  

/ kləʊz /

verb

1. (adverb) to terminate (a client's or other account) on which the margin is inadequate or exhausted, usually by sale of securities to realize cash

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close out Idioms  

1. Also, close something out . Dispose of a stock of goods; end a business. For example, We are closing out all our china , or They've decided to close out their downtown branch . This expression is most often used in business and commerce but occasionally refers to other matters. [Late 1800s]

2. close someone out . Prevent someone's entry or inclusion, as in No one will tell us about the merger—we've been closed out . [Second half of 1900s]

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Example Sentences

Former DOJ prosecutors told ProPublica that they typically reviewed caseloads every six months with supervisors and that closing out languishing cases wouldn’t ordinarily be cause for concern.

From Salon

March in Southern California has been marked almost entirely by unusually warm temperatures, but the month is set to close out with a cooler spell.

From Los Angeles Times

The major indexes fell sharply Friday, closing out a fifth consecutive week of declines.

From Barron's

The major indexes fell sharply Friday, closing out a fifth consecutive week of declines.

From Barron's

But a stronger performance in February reversed some of that decline and helped H&M close out its fiscal first quarter with an overall sales decrease of 1% in local currencies.

From The Wall Street Journal

Related Words

• sell out