closeout

IPA: kɫˈoʊsaʊt

noun

  • (surfing) A wave which breaks all at once, as opposed to breaking progressively along its length.
  • (retail) A sale in which all merchandise is sold, at whatever reduced price is necessary; especially, such a sale for the purpose of either dispensing with a discontinued product line or preparing to close down the store.

close out

IPA: kɫˈoʊsˈaʊt

verb

  • (transitive) To terminate; to call the end of.
  • (transitive, marketing) Synonym of close (“to make a sale”)
  • (surfing) Of a wave, to break all at once, instead of progressively along its length.
  • (computing) To terminate a computer program.
  • (transitive) To exclude by blocking all opportunities to enter or join.
  • (finance) To make trades offsetting an existing position, leaving the trader with a neutral position.
  • (aerospace) To seal off.
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Examples of "closeout" in Sentences

    Examples of "close-out" in Sentences

    • If you know like I know, the hardest thing for any team to do is to win a close-out playoff game on the road.
    • "With close-out games, you have a tendency to lose focus," said Kobe Bryant (FSY), who scored 32 for the Lakers.
    • "And of course we're going into the model-year changeover, so they struggle from a close-out situation on many of these vehicles."
    • Gross margin grew to 46.9% from 43.9% amid less discounting for close-out sales and changes in product mix, as the company cut inventories by 13%.
    • Gross margin grew to 47.4% from 43.4% because of fewer close-out sales and improved in-line product margins, as the company's inventories declined 13%.
    • As Dave Weigel captures in his close-out exegesis on the Kentucky GOP primary, Rand Paul won because he straight up stomped the state: "Paul got in early, and organized early."
    • Third, Chapter 11F would handle the complexities of repurchase agreements and derivatives by enabling close-out netting of contracts in which offsetting credit exposures are combined into a single net amount, which would reduce likelihood ofruns.
    • The reality was brought on by Krassen Dimitrov's analysis of Greenfuel Technologies and their algae claims, as well as conversations I have had with John Benemann, who has been involved in algal biodiesel research for many years (and was co-author of the close-out report of the U.S. Department of Energy's Aquatic Species Program.)

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