closeout

[kloʊs-aʊt]

closeout Definition

• 1. the final sale of goods at reduced prices by a store before shutting down or moving to a new location
• 2. the process of completing a project, business deal, or financial transaction
• 3. a game-ending play that secures a win for a team

Using closeout: Examples

Take a moment to familiarize yourself with how "closeout" can be used in various situations through the following examples!

• Example

  The store is having a closeout sale before it moves to a new location.

• Example

  The closeout of the business deal was delayed due to legal issues.

• Example

  The team's closeout play secured their victory in the game.

closeout Synonyms and Antonyms

Synonyms for closeout

• clearance
• liquidation
• conclusion
• completion
• finishing
• endgame
• clincher
• final sale

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Summary: closeout in Brief

The term 'closeout' [kloʊs-aʊt] refers to three main meanings. Firstly, it can refer to the final sale of goods at reduced prices by a store before shutting down or moving to a new location. Secondly, it can refer to the process of completing a project, business deal, or financial transaction. Lastly, it can refer to a game-ending play that secures a win for a team. Examples include 'The store is having a closeout sale before it moves to a new location.' and 'The team's closeout play secured their victory in the game.'