What does closeout mean?

Definitions for closeout

Here are all the possible meanings and translations of the word closeout.

Princeton's WordNet

  1. closeout(noun)

    a sale intended to dispose of all remaining stock


  1. closeout(Noun)

    A wave which breaks all at once, as opposed to breaking progressively along its length.

    Dealing with closeouts is something every surfer should learn uE000195762uE001 especially if you live and surf in California. uE000195763uE001 Chris Cote, Transworld Surf

  2. closeout(Noun)

    A sale in which all merchandise is sold, at whatever reduced price is necessary


  1. 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 is not selling well, or in the case of the final closure of a retailer because of a relocation, a fire, 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. A closeout store is a retailer specializing in buying closeout items wholesale from other retailers and selling them at a discount. Big Lots is a well-known closeout store chain in the U.S., but other stores such as TJ Maxx, Ross Dress For Less, Marshall's, and Value City are also common, specializing more in clothing and housewares. Some clearance merchandise is non-returnable at some stores, as the intent is of course to get rid of the items. This is especially the case with liquidation and store-closing sales. Rather than storing merchandise until the following year, almost every U.S. store also has post-holiday clearance sales now, sometimes starting even before the holiday. Early discounts are often around 25%, but range from zero to as much as 50%, particularly if the "regular" prices were deliberately inflated as some stores do. 50% is common just after the holiday, often followed by 75%, and sometimes even 90%, at which point there is very little if anything left to choose from. Often during after-Christmas clearance sales, they let people know that this is their chance to buy everything they didn't get for Christmas, or as the phrase goes, "everything Santa Claus forgot."

How to pronounce closeout?

  1. Alex
    US English

How to say closeout in sign language?

  1. closeout


  1. Chaldean Numerology

    The numerical value of closeout in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of closeout in Pythagorean Numerology is: 2

Examples of closeout in a Sentence

  1. Kyrie Irving:

    I knew there was going to be a spark off the bench. ( On Sunday) Gordon Hayward was Gordon Hayward, this is Gordon Hayward city. Im glad Gordon Hayward had a chance to put on a performance like that in a closeout game.

Images & Illustrations of closeout

  1. closeoutcloseoutcloseoutcloseoutcloseout

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Translations for closeout

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"closeout." Definitions.net. STANDS4 LLC, 2019. Web. 20 Nov. 2019. <https://www.definitions.net/definition/closeout>.

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