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 something to a final conclusion, especially a sale, account, or deal; also to sell remaining stock at reduced prices.
To finish something completely, especially by selling everything or closing an account for the last time.
3 meanings, ordered from most common to least. Color-coded by CEFR level.
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."
To close ('close') something entirely ('out'), leaving nothing remaining.
To finish something completely, especially by selling everything or closing an account for the last time.
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.
Natural word combinations native speakers use most often.
The five tense forms you'll use most often.
Listen to native speakers using "close out" in real YouTube videos — click a clip to watch it on Looplines.
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