Definition of closeout
(Entry 1 of 2)
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
verb
closed out; closing out; closes out
Definition of close out (Entry 2 of 2)
2a
: 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
3a
: to bring to an often rapid or abrupt conclusion
close out a career
b
: to discontinue operation of
1
: to sell out a business
2
: to buy or sell securities or commodities in order to terminate an account
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Merriam-Webster unabridged













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Time Traveler for closeout
The first known use of closeout was in the 14th century
See more words from the same century