closeout

noun
close·​out | \ ˈklōz-ˌau̇t How to pronounce closeout (audio) \

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
\ ˈklōz- How to pronounce close out (audio) \
closed out; closing out; closes out

Definition of close out (Entry 2 of 2)

transitive verb

1a : exclude
b : preclude close out his chances
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

intransitive verb

1 : to sell out a business
2 : to buy or sell securities or commodities in order to terminate an account

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Synonyms & Antonyms for closeout

Synonyms: Verb

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

Antonyms: Verb

begin, commence, inaugurate, open, start

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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
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First Known Use of closeout

Noun

1925, in the meaning defined at sense 1

Verb

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

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Time Traveler for closeout

The first known use of closeout was in the 14th century

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More Definitions for closeout

closeout

noun

English Language Learners Definition of closeout

US
: a sale in which a store tries to sell all of its products because the store is going out of business
: a sale to sell all of the old models of a product so that a store can sell the new models
: a product that is being sold at a closeout

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Rhyming Dictionary: Words that rhyme with closeout

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