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Closeout (Noun)

Meaning

A sale intended to dispose of all remaining stock.

Classification

Nouns denoting acts or actions.

Examples

  • The store announced a closeout sale to get rid of its remaining winter inventory before the new season's stock arrived.
  • The company decided to hold a closeout sale on its discontinued product lines to make room for new items.
  • After the owner retired, the family held a closeout sale to sell off the remaining merchandise from the old store.
  • The closeout sale at the furniture store offered deep discounts on all remaining items, including sofas and beds.
  • The retailer scheduled a closeout sale for the weekend to clear out its remaining summer stock before the fall season began.

Hypernyms

  • Sales Event
  • Cut-rate Sale

Related Words

  • Close Out (verb)
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