closeout

[klohz-out]
noun
1.
a sale on all goods in liquidating a business.
2.
a sale on goods of a type that will no longer be carried by the store.
3.
an article of merchandise offered for sale at a closeout.

Origin:
1920–25; noun use of verb phrase close out

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To closeout
Example sentences
Those are the choices surfers have when they can't scratch over huge closeout waves.
The follow-up copy of the closeout notice must include the same closeout date as the original notice.
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