CLOSE OUT

verb Date: 14th century transitive verb 1. exclude , preclude , 2. to dispose of a whole stock of by sale, to dispose of (a business), sell , to put (an account) in order for disposal or transfer, 3. to bring to an often rapid or abrupt conclusion , to discontinue operation of, intransitive verb to sell out a business, to buy or sell securities or commodities in order to terminate an account