different between clearance vs closeout

English

Etymology

clear +? -ance

Pronunciation

• (Received Pronunciation) IPA^(key): /?kl????n(t)s/
• (General American) IPA^(key): /?kl???n(t)s/

Noun

clearance (countable and uncountable, plural clearances)

1. The act of clearing or something (such as a space) cleared
2. The distance between two moving objects, especially between parts of a machine
3. The height or width of a tunnel, bridge or other passage, or the distance between a vehicle and the walls or roof of such passage; a gap, headroom.
4. A permission for a vehicle to proceed, or for a person to travel.

5. A permission to have access to sensitive or secret documents or other information.
7. A permission to use something, usually intellectual property, that is legally, but not otherwise, protected.
8. (retail) A sale of merchandise, especially at significantly reduced prices in order to make room for new merchandise or updated versions of the same merchandise.
9. (banking, finance) The settlement of transactions involving securities or means of payment such as checks by means of a clearing house.
10. (medicine) The removal of harmful substances from the blood; renal clearance.
11. (sports, billiards, snooker, pool) The act of potting all the remaining balls on a table at one visit.
12. (soccer) The act of kicking a ball away from the goal one is defending.
13. (chess) Removal of pieces from a rank, file or diagonal so that a bishop, rook or queen is free to move along it.
14. Clear or net profit.
    • 1859, Anthony Trollope, The West Indies and the Spanish Main

      There can, I believe, be no doubt of this, that sugar can be made better and cheaper in large quantities than in small. But the clearance, sir; that is the question. How would this affect the clearance? The sugar manufacturer would want his profit.

15. (Australian rules football) The first disposal in a chain that leaves the area of a stoppage, or a disposal that leaves the area of a stoppage itself.
16. (Australian rules football) The act of leaving the area of a stoppage.

Derived terms

• clearance hole
• clearance space
• customs clearance
• ground clearance
• L clearance
• preclearance
• Q clearance
• renal clearance
• seroclearance
• total clearance

Translations

Italian

Etymology

From English clearance.

Noun

clearance f (invariable)

1. (medicine) clearance

Portuguese

Etymology

From English clearance.

Noun

clearance m (plural clearances)

1. (medicine) clearance (removal of harmful substances from the blood)

English

Etymology

From the verb phrase close out.

Noun

closeout (plural closeouts)

1. (surfing) A wave which breaks all at once, as opposed to breaking progressively along its length.
   • 2004, Chris Cote, "HOW TO Backside Closeout Snap with Andy Irons - Ending your ride with style and drama.", in Transworld Surf [1]

     Dealing with closeouts is something every surfer should learn – especially if you live and surf in California.

2. (retail) A sale in which all merchandise is sold, at whatever reduced price is necessary

Synonyms

• (retail): fire sale

Related terms

• close out, verb

Translations

Anagrams

• cosolute, cut loose, octulose