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

“From what we are seeing traders are looking to close out open positions this week before the lower liquidity that normally comes with the days before and between the holidays.”

From The Wall Street Journal

Thomas will close out his whirlwind year with two shows at the Wiltern on Dec. 22 and 23 before embarking on the European leg of his tour in March and heading to Australia in June.

From Los Angeles Times

Bankers are hoping Medline, which is backed by Blackstone, Carlyle and Hellman & Friedman, helps close out a positive year for IPOs.

From The Wall Street Journal

The 55-year-old Scot, wearing a festive-themed outfit, landed a 152 checkout in the first set and was taken to a deciding leg in the second, before closing out victory comfortably in the third.

From BBC

“I thought it was really cool that we were able to close out a one-score game like that,” Herbert said.

From Los Angeles Times

Related Words

• sell out