Close Out is the action taken by a brokerage firm when a client failed to pay for previously purchased securities. Here, the brokerage firm will sell the aforementioned securities.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). close out. Retrieved September 21, 2026, from http://smartdefine.org/close_out/definitions/1149996 |
| Chicago | Barry Goldsmith. 2010. "close out" http://smartdefine.org/close_out/definitions/1149996 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, close out, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/close_out/definitions/1149996>. |
| MLA | Barry Goldsmith. "close out" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/close_out/definitions/1149996> |