closeout

[ klohz-out ]
See synonyms for closeout on Thesaurus.com
noun
  1. a sale on all goods in liquidating a business.

  2. a sale on goods of a type that will no longer be carried by the store.

  1. an article of merchandise offered for sale at a closeout.

Origin of closeout

1
First recorded in 1920–25; noun use of verb phrase close out

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use closeout in a sentence

  • A monster shell falling close out on their right front completed the destruction.

    Grapes of wrath | Boyd Cable
  • She went hurriedly to draw down the blinds and close out the unwelcome light.

    The Doctor's Family | Mrs. (Margaret) Oliphant
  • Exclude them, said the politicians, and close out thus forever the problem their presence involves.

  • Kenny drew the curtains to close out the splash of rain upon the window panes and went to the piano.

    Kenny | Leona Dalrymple
  • Probably they could lawfully divide up the books among themselves, and so close out the enterprise.

British Dictionary definitions for close out

close out

/ (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

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Other Idioms and Phrases with closeout

closeout

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]

The American Heritage® Idioms Dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.