closeout
Inventory clearance event
A closeout is a sale of remaining merchandise at reduced prices, typically when a store is clearing inventory or going out of business: Everything's 50% off—it's a closeout sale.
The term also applies to the final settlement of a financial account or position.
As a verb, to close out means to conclude or liquidate: We need to close out this project by Friday.
Selling assets for cash
- clearancePermitted passage or approval
- markdownReduction in retail price
- discountReduced price offered
- blowoutSudden tire failure
fire-sale · sell-off · reduction · bargain · deal · savings · wholesale · depletion
Point of release
- warehouseBulk goods storage building
- storeRetail establishment
- shopRetail sales venue
- rackFrame for holding items
bin · aisle · section · tag · price · merchandise · goods · stock
Concluding part of performance
- conclusionEnd or deduction
- wrap-upConcluding summary or review
- completionAct of finishing
- windupFinal part or preparation
shutdown · termination · cessation · finalization · expiration · discontinuation · wind-down
Selling assets for cash
- dissolutionBreaking up completely
- bankruptcyLegal status when insolvent
- shutteringCovering with hinged panels
- foldingBending something over itself
receivership · insolvency · defunct · wind-up
liquidation
Selling assets for cash
- clearancePermitted passage or approval
- markdownReduction in retail price
- discountReduced price offered
blowout · fire-sale · sell-off · reduction · bargain · deal · savings · wholesale · depletion · unload
outlet
Point of release
rack · bin · aisle · section · tag · price · merchandise · goods · stock · inventory
finale
Concluding part of performance
- conclusionEnd or deduction
- wrap-upConcluding summary or review
- completionAct of finishing
windup · shutdown · termination · cessation · finalization · expiration · discontinuation · wind-down
liquidation
Selling assets for cash
- dissolutionBreaking up completely
- bankruptcyLegal status when insolvent
- shutteringCovering with hinged panels
folding · receivership · insolvency · defunct · wind-up
- discount storesdiscounter, Dollar General, dollar store, dollar stores, Dollar Tree
- shoppingbuying, shopping cart, shop, purchases, sale
- basketballbasketball, rebound, dunk, basketball camps, dribble
- business termsfranchising, revenue stream, board meeting, gross margin, markdown
- bargainsbargain, bargain hunting, discount store, coupon, rebate
- closeout salesliquidation, everything must go, clearance sale, final sale, liquidation sale
closeoutrestocking
Replacing sold merchandise
restock · replenishment · new arrivals · reorder · back in stock
closeoutfull price
Amount without reductions
regular price · premium pricing · list price · MSRP · markup