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close-outAn offer at a reduced price to clear slow-moving or incomplete stock. It is also an incomplete assortment, the remainder of a line of merchandise that is to be discontinued, offered at a low
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close-outA procedure that permits a municipal securities dealer that has purchased securities from another municipal securities dealer but has not yet received them (or, as a seller of securities, has tendered [..]
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close-outAcceleration and termination of a contract prior to its matur ity.
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close-outIs one of two classifications of write-off. An agency closes out a debt when it determines that further debt collection actions are prohibited (for example, a debtor is released from liability in bank [..]
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