1
general::
1. Also, close something out. Dispose of a stock of goods; end a business. For example, We are closing out all our china, or They've decided to close out their downtown branch. This expression is most often used in business and commerce but occasionally refers to other matters. [Late 1800s] 2. close someone out. Prevent someone's entry or inclusion, as in No one will tell us about the merger? we've been closed out. [Second half of 1900s]
American Heritage Idioms
2
general::
Phrase(s): close something out
1. to sell off a particular kind of merchandise with the intention of not selling it in the future. • These are not selling. Let’s close them out. • They closed out all of last season’s merchandise. 2. to prevent further registration in something. • We are going to have to close this class out. • The registrar closed out the class.
McGrawhill's American Idioms And Phrasal Verbs