Usually means: Finalize transactions or positions completely.
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We found 23 dictionaries that define the word close out:

General (13 matching dictionaries)
  1. close out: Merriam-Webster.com
  2. close out: Collins English Dictionary
  3. close out: Vocabulary.com
  4. close-out: Wordnik
  5. close-out: Cambridge Advanced Learner's Dictionary
  6. close out: Wiktionary
  7. close out: Dictionary.com
  8. Close-out (aerospace): Wikipedia, the Free Encyclopedia
  9. close out: Rhymezone
  10. close out: Free Dictionary
  11. close out: Mnemonic Dictionary
  12. close out: Dictionary/thesaurus

Business (5 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. close out: Finance-Glossary.com
  3. Comprehensive Financial (No longer online)
  4. close-out, close out: Legal dictionary
  5. close out: Financial dictionary

Computing (1 matching dictionary)
  1. close out: Encyclopedia

Medicine (1 matching dictionary)
  1. Close-out, close out: Medical dictionary

Miscellaneous (1 matching dictionary)
  1. close out: Idioms

Sports (2 matching dictionaries)
  1. Close Out: Backgammon
  2. Close-out: Sports Definitions

(Note: See close_outs as well.)

Definitions from Wiktionary (close out)

verb:  (transitive) To terminate; to call the end of.
verb:  (transitive, marketing) Synonym of close (“to make a sale”)
verb:  (surfing) Of a wave, to break all at once, instead of progressively along its length.
verb:  (computing) To terminate a computer program.
verb:  (transitive) To exclude by blocking all opportunities to enter or join.
verb:  (finance) To make trades offsetting an existing position, leaving the trader with a neutral position.
verb:  (aerospace) To seal off.

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