[close out] vt (14c) 1 a: exclude b: preclude "close out his chances"
2. a: to dispose of a whole stock of by sale b: to dispose of (a business) c: sell "closed out his share of the business" d: to put (an account) in order for disposal or transfer 3 a: to bring to an often rapid or abrupt conclusion b: to discontinue operation of ~ vi 1: to sell out a business
2: to buy or sell securities or commodities in order to terminate an account