/tayk"owt'/ , n.
1. the act or fact of taking out.
2. something made to be taken out, esp. food prepared in a store or restaurant to be carried out for consumption elsewhere.
3. Informal. a store, restaurant, or counter specializing in preparing food meant to be carried out for consumption elsewhere.
4. a section, as of a magazine, that may be removed intact, usually consisting of a story, article, or set of illustrations.
5. Also called takedown, takeout loan, takeout mortgage . Finance. a long-term real-estate mortgage arranged for a building the construction of which is financed by an interim short-term loan (construction loan) .
6. Cards.
a. Bridge. a bid in a suit or denomination different from the one bid by one's partner.
b. Poker. the minimum with which a player can begin.
adj.
7. pertaining to or supplying food and drink to be taken out and consumed elsewhere: the takeout window of a restaurant.
8. Also, takedown . of, pertaining to, or providing a takeout mortgage: The high-rise developer has found a takeout commitment from a large insurance company.
Also, take-out .
[ 1915-20; n. use of v. phrase take out ]