Meaning Of The Word Close out

Real Dictionary

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
Close out Definition

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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