Meaning Of The Word Close out
What's the definition of Close out? Find Close out meanings, definitions and more at the Real Dictionary online.
Close out Meaning
| Close out Definition |
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What's The Definition Of Close out?
close out in Accounting
verb: If you close out an account on which the margin is inadequate or exhausted, you terminate it, usually by selling securities to realize cash. close out in American English to dispose of (goods) by sale, as in ending a business to reduce the price of (merchandise) for quick sale close out in British English to terminate (a client's or other account) on which the margin is inadequate or exhausted, usually by sale of securities to realize cash noun: the termination of an account on which the margin is exhausted close out in Finance verb: If you close out an account on which the margin is inadequate or exhausted, you terminate it, usually by selling securities to realize cash. |
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