closeout

See also: close out

English

closeout (plural closeouts)

(surfing) A wave which breaks all at once, as opposed to breaking progressively along its length.
- 2004, Chris Cote, “HOW TO Backside Closeout Snap with Andy Irons - Ending your ride with style and drama.”, in Transworld Surf‎^[1]:
  Dealing with closeouts is something every surfer should learn – especially if you live and surf in California.
(retail) A sale in which all merchandise is sold, at whatever reduced price is necessary; especially, such a sale for the purpose of either dispensing with a discontinued product line or preparing to close down the store.
Synonyms: blowout sale, clearance, fire sale
- 2017 May 23, Gregory Krieg and Will Mullery, “Trump’s budget by the numbers: What gets cut and why”, in CNN‎^[2]:
  The Administration’s request of $12 million will allow TDA to conduct an orderly closeout of the agency beginning in 2018, which includes sufficient funding for personnel, rent, program, and other closeout costs.

retail: sale in which all merchandise is sold