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

Antonyms: Verb

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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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Recent Examples on the Web: Noun In the closeout game Sunday against Chicago, the Reds are favored to win for the first time in this four-game series. Charlie Goldsmith, The Enquirer, "Best bets: Cincinnati Reds have a chance to rise to second place in NL Central," 31 Aug. 2020 Here, Georges Niang has to know that Jerami Grant is a shooting threat, but instead, the closeout is pretty lackadaisical. Andy Larsen, The Salt Lake Tribune, "The Triple Team: Jazz lose double-digit lead with sloppy, careless, and even some lazy play to keep Nuggets in series," 26 Aug. 2020 In last year’s playoffs, Lillard buried a 37-foot game-winner over George in Portland’s first-round closeout against the Oklahoma City Thunder. Mark Medina, USA TODAY, "Blazers' Damian Lillard claps back at Clippers' Patrick Beverley and Paul George for taunts," 8 Aug. 2020 This golf course community is nearing closeout and has a limited number of homesites and homes underway remaining. Dallas News, "New homes ready for move-in," 12 July 2020 His heroic closeout at Dallas was proof of progress. Kyle Fredrickson, The Denver Post, "Malik Beasley, in and out of Nuggets’ rotation, on trade rumors: “I just hoop”," 10 Jan. 2020 Budget closeout figures for 2019 showed a General Fund surplus of $2.9 million, bringing the city's unencumbered cash balance to $10.3 million. Thomas Jewell, cleveland, "Cleveland Heights prepares best- to worst-case scenarios for budget with COVID-19 symptoms," 29 June 2020 The company helped shape the omnibus energy bill, which set closeout dates for those plants. Washington Post, "Virginia’s first offshore wind turbines promise jobs and clean power. They won’t come cheap," 30 June 2020 Now, the online megastore is putting on a Fourth of July clearance sale with up to 70% off homewares, plus there's also a closeout section with up to 80%-off deals. Krystin Arneson, CNN Underscored, "Wayfair is taking up to 70% off during its July 4th Clearance sale," 25 June 2020 Recent Examples on the Web: Verb With Pedro Santos' opening score in the 52nd minute standing as the game-winner, Columbus (7-1-2) would go on to close out the 3-0 victory, dropping FC Cincinnati to 2-6-3. Pat Brennan, The Enquirer, "FC Cincinnati's goalless drought continues as Gyasi Zardes leads Columbus Crew SC to 3-0 win," 7 Sep. 2020 Moffatt’s two parting shots were interceptions in the two stadium practices, including one off Mayfield in an end-of-game period to close out the first trip. cleveland, "The 1st 53-man roster for Browns’ GM Andrew Berry & Kevin Stefanski has tons of star power, 2 QBs, 5 TEs & 1 thin spot," 5 Sep. 2020 The continued offensive explosion gives the Stars three chances to close out the Avalanche, with the first coming in Game 5 at 8:45 p.m. Monday. Matthew Defranks, Dallas News, "Making progress: The Dallas Stars need one win to eliminate Avalanche, but that victory could mean so much more," 31 Aug. 2020 Top-seeded Milwaukee dropped the opener to Orlando but has won three straight and can close out the series with a win Wednesday. USA TODAY, "Heat finish off sweep of Pacers despite Jimmy Butler shoulder strain," 25 Aug. 2020 When Bucks center Brook Lopez didn’t close out quick enough, Vucevic squared up and sank a 27-footer. Roy Parry, orlandosentinel.com, "Nikola Vucevic playing his best basketball when Magic need it most," 23 Aug. 2020 Monday night at Disney's Wide World of Sports, the Heat's next wave made their own statement, pushing past the Indiana Pacers 99-87 to close out a 4-0 sweep with a trademark ensemble effort. Ira Winderman, sun-sentinel.com, "Goran Dragic, Bam Adebayo power Heat past Pacers 99-87 for series sweep," 24 Aug. 2020 Kicker Wil Lutz appeared to connect on five of his six field goal attempts, including one to close out the drill from 57 yards out. Luke Johnson, NOLA.com, "Saints Day 6 observations: Cesar Ruiz debuts at C, Taysom Hill returns, Jameis Winston shines," 23 Aug. 2020 The 78-year-old moderate and former Republican being given a spot to help to close out the Democratic convention is striking. Hearst Television, Houston Chronicle, "Joe Biden accepts nomination to be Democrats' candidate for president," 21 Aug. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'closeout.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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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

Time Traveler

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

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Statistics for closeout

Last Updated

11 Sep 2020

Cite this Entry

“Closeout.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/closeout. Accessed 21 Sep. 2020.

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More Definitions for closeout

closeout

noun
How to pronounce close out (audio)

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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