Closeout
A closeout or clearance is the final
sale of an item or items to zero
inventory. It may be a given model of item that it not selling well, or in the case of the final closure of a
retailer because of a
relocation, a
fire (fire sale), or especially because of a
bankruptcy. In the latter case, it is usually known as a going-out-of-
business sale, and is part of a
liquidation. A "hail sale" is a closeout at a
car dealership after
hail damage. Often, when the store is shutting down, they let people know that this is their last chance to buy the merchandise.
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close out
Verb
1. make impossible, especially beforehand
(synonym) preclude, rule out
(hypernym) obviate, rid of, eliminate
2. terminate by selling off or disposing of; "He closed out his line of sports cars"
(hypernym) discard, fling, toss, toss out, toss away, chuck out, cast aside, dispose, throw out, cast out, throw away, cast away, put away
(derivation) closeout
3. terminate; "We closed out our account"
(hypernym) end, terminate
close out
sell the whole of something, sell all the goods They decided to close out the store and sell all of the remaining stock very cheap.
close out
Synonyms and related words:
balance, balance the books, bar, book, button up, cap, capitalize, carry, carry over, carry to completion, cast up accounts, charge off, clean up, clear the trade, climax, close the books, close up, complete, conclude, convert, convert into cash, credit, crown, culminate, cut under, debit, disenable, disqualify, docket, dump, effect a sale, end, enter, finalize, finish, finish off, finish up, get done, get it over, get through, get through with, job, journalize, keep books, liquidate, log, make a sale, make an entry, make impossible, market, merchandise, minute, mop up, move, note, perfect, post, post up, prohibit, resell, retail, round out, rule out, sacrifice, sell, sell off, sell on consignment, sell out, sell over, sell retail, sell short, sell up, sell wholesale, strike a balance, terminate, terminate the account, top off, top out, turn into money, turn over, undercut, undersell, unload, wholesale, wind up, wrap up,
Source: Moby Thesaurus, which is part of the
Moby Project created by Grady Ward. In 1996 Grady Ward placed this thesaurus in the public domain.
CLOSE OUT
[USA] LIQUIDARE [MERCE]. [USA] SVENDERE [MERCE]. [USA] FARE UNA LIQUIDAZIONE [DI MERCE]
CLOSE-OUT
LIQUIDAZIONE. SALDO. SVENDITA