closeout

1 of 2

noun

close·​out ˈklōz-ˌau̇t 

1

: a clearing out by a sale usually at reduced prices of the whole remaining stock (as of a business)

2

: an article offered or bought at a closeout

close out

2 of 2

verb

ˈklōz- 

closed out; closing out; closes out

transitive verb

1

a

: exclude

b

: preclude

close out his chances

2

a

: to dispose of a whole stock of by sale

b

: to dispose of (a business)

c

: sell

closed out his share of the business

d

: to put (an account) in order for disposal or transfer

3

a

: to bring to an often rapid or abrupt conclusion

close out a career

b

: to discontinue operation of

intransitive verb

1

: to sell out a business

2

: to buy or sell securities or commodities in order to terminate an account

Synonyms

Verb

• close
• complete
• conclude
• end
• finish
• round (off or out)
• terminate
• wind up
• wrap up

Examples of closeout in a Sentence

Noun

a store that sells closeouts

Verb

the team closed out the season with major losses

don't assume an attitude that closes out any possibility of a compromise

Recent Examples on the Web

Noun

The perimeter concepts have remained largely the same, pressuring the ball 94 feet, switching screens, sitting in gaps, helping on drives, not giving up baseline, rotating on double teams, high-hand closeouts. —Mark Zeigler, San Diego Union-Tribune, 20 Mar. 2024

Senior Ian Straley made the Lightning pay for late closeouts. —Jacob Steinberg, Baltimore Sun, 26 Jan. 2024

Word History

First Known Use

Noun

1925, in the meaning defined at sense 1

Verb

14th century, in the meaning defined at transitive sense 1a

Kids Definition

closeout

noun

close·​out ˈklōz-ˌau̇t 

: a sale of leftover merchandise