close out
To finish something completely, especially by selling everything or closing an account for the last time.
Meanings
To sell all remaining stock at reduced prices in order to end a product line or clear inventory.
"The retailer is closing out last year's models to make room for the new stock."
To bring a financial account, investment position, or business arrangement to a final end.
"She decided to close out her savings account and move the money to a better bank."
To prevent someone from participating or gaining access to something.
"The deal was structured in a way that closed out smaller investors entirely."
Common in American English business and retail contexts. 'Closeout' (noun) refers to a sale of remaining stock. Also used in finance to describe closing a trading position. Can be used more broadly to mean concluding any activity.
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