closeout


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close·out

 (klōz′out′)
n.
A sale in which all remaining stock is disposed of, usually at greatly reduced prices.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

close•out

(ˈkloʊzˌaʊt)

n.
1. a liquidation sale.
2. a sale on merchandise that will no longer be carried by the store.
[1920–25]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.closeout - a sale intended to dispose of all remaining stockcloseout - a sale intended to dispose of all remaining stock
cut-rate sale, sales event, sale - an occasion (usually brief) for buying at specially reduced prices; "they held a sale to reduce their inventory"; "I got some great bargains at their annual sale"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
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The Federal Acquisition Regulation councils have issued proposed rule changes that are intended to clarify and streamline the contract closeout procedures and to develop a more detailed description of an adequate final indirect cost rate proposal and supporting information.