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close out

[/kloʊz aʊt/]
verb
encerrar, liquidar, finalizar
1. To end or terminate a business, account, or operation
The company decided to close out its operations in that country.
A empresa decidiu encerrar suas operações naquele país.
2. To sell off remaining inventory at reduced prices
The store is closing out all winter merchandise at 50% off.
A loja está liquidando toda a mercadoria de inverno com 50% de desconto.
3. To settle or conclude a financial account or position
We need to close out this account before the end of the fiscal year.
Precisamos liquidar esta conta antes do final do ano fiscal.
4. To finish or conclude an event or period
They closed out the festival with a spectacular fireworks display.
Eles encerraram o festival com um espetáculo de fogos de artifício.
Synonyms
liquidateterminateconcludefinishwind upshut down
Antonyms
open upbeginstartestablish

Regional Variations

General Brazilian
encerrar, liquidar, fechar
Most common usage across Brazil
Rio de Janeiro
encerrar, fechar as portas
Slightly colloquial in local commerce
São Paulo
encerrar as operações, liquidar estoque
More formal business terminology
Portugal
encerrar, liquidar, cessar operações
Uses 'cessar' more frequently for operations

Related Idioms & Phrases

close out a deal
close out inventory
close out an account
close out the books
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