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Definition of Closeout
1. Noun. A sale intended to dispose of all remaining stock.
Definition of Closeout
1. Noun. (surfing) A wave which breaks all at once, as opposed to breaking progressively along its length. ¹
2. Noun. (context: retail) A sale in which all merchandise is sold, at whatever reduced price is necessary ¹
¹ Source: wiktionary.com
Definition of Closeout
1. a clearance sale [n -S]