English

Definition of closeout noun from the Oxford Advanced Learner's Dictionary

 

closeout

 noun
noun
BrE BrE//ˈkləʊzaʊt//
 
; NAmE NAmE//ˈkloʊzaʊt//
 
(North American English)
 
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an occasion when goods are sold cheaply in order to get rid of them quickly
See the Oxford Advanced American Dictionary entry: closeout