closeout

1 of 2

noun

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

closed out; closing out; closes out

transitive verb

1
a
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

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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Noun
Hasbro is still feeling the impact of a weak 2023 that led to excess inventory and closeouts, as well as growing pains related to its plan to right-size its business and shed less profitable toys and business segments. Joan Verdon, Forbes, 24 Oct. 2024 Unsurprisingly, these numbers pale in comparison to the Sun’s first-round closeout of Caitlin Clark and the Indiana Fever on ESPN last Wednesday night. Jason Clinkscales, Sportico.com, 1 Oct. 2024
Verb
October closed out with the second lowest extent for the month. Tom Yulsman, Discover Magazine, 8 Nov. 2024 Golden State closed out its fourth title in eight years in this building. Danny Emerman, The Mercury News, 6 Nov. 2024 See all Example Sentences for closeout 

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

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

Dictionary Entries Near closeout

Cite this Entry

“Closeout.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/closeout. Accessed 23 Nov. 2024.

Kids Definition

closeout

noun
close·​out ˈklōz-ˌau̇t How to pronounce closeout (audio)
: a sale of leftover merchandise
Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!