The meaning of CLOSEOUT is a clearing out by a sale usually at reduced prices of the whole remaining stock (as of a business). How to use closeout in a sentence.

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CLOSEOUT meaning: 1. an occasion when the price of goods in a shop or factory is reduced so they can be sold quickly…. Learn more.

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Closeout definition: a sale on all goods in liquidating a business.. See examples of CLOSEOUT used in a sentence.

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