Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. A sale in which all remaining stock is disposed of, usually at greatly reduced prices.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A wave which breaks all at once, as opposed to breaking progressively along its length.
  • n. A sale in which all merchandise is sold, at whatever reduced price is necessary

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. a sale intended to dispose of all remaining stock

Etymologies

Sorry, no etymologies found.

Examples

  • Overstock, based in Salt Lake City, is an online "closeout" retailer offering discount brand-name merchandise to its customers.

    Overstock Posts Loss; Shares Plunge

  • The ramp repair can clearly be seen in "closeout" photos taken of the tank before launch as an area where the newly-exposed foam is slightly lighter in color.

    NASA Watch: Shuttle News: August 2005 Archives

  • The worry is that all these FEMA dollars that come to CNO thru state will have to be accounted for in a process known as 'closeout' where expenditures deemed ineligible can be negated and the city made responsible for returning the payments.

    New Orleans Saints Central

  • This auction is being billed as a "closeout," since 85 percent of the building is now sold, which means it more than meets the threshold for F.H.A. financing in a multifamily building.

    NYT > Home Page

  • Our product does not end up in, that I recall the bargain-basement kind of closeout channels.

    SeekingAlpha.com: Home Page

  • We have a number of "closeout" products that we are looking to sell via eBay.

    Freelancer.com - New Projects

  • He added: The closeout of the Yucca Mountain license review has been a complicated issue, with dedicated and experienced people holding different viewpoints.

    Report Slams U.S. Nuclear Regulator

  • The closeout retailer said profits fell to $52.5 million, or 70 cents per share, from $55.9 million, or 68 cents per share, in last year's first quarter.

    Retail Earnings: High End Up, Low End Down

  • Big Lots also agreed to acquire Canadian closeout retailer Liquidation World for 6 cents per share Canadian, or $1.8 million Canadian.

    Retail Earnings: High End Up, Low End Down

  • For the first time ever, he noticed the end of the season deals she offered, the lure of closeout prices, and thought, not bad.

    Clearance

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