That is a good achievement but risky as well. A close out is a situation when a players blocks out all is home board with checkers (2 at least in each point) while the other player's checker or checkers are on the bar waiting to get in. this forces the player to wait and pass his turn until on point is freed or a blot. However this is a risky situation because it happens many times that a blot is reviled in the player home board and this blot is hit. Then from a very dominant position the player who made close out, becomes the inferior and now has to start all over with the hit checker.
To undertake a trade to offset an original futures trade. For example, a trade opened through buying futures contracts would be closed out by selling the same quantity of futures contracts (and vice versa)
To liquidate a position or fulfil an obligation by taking an equal and opposite position, eg. a trader who has bought a futures contract would close-out, or get out of the contract, by taking out a contract to sell.
The action where the investor liquidates the position which they have open, by taking an equal and opposite position. (i.e. you sell your stock to receive your money back, or you buy the stock back to close out a short position.)
The managerial process of finalizing the project. During this process, all physical work is completed, project records are filed, required closure notifications are distributed, and necessary or requested audits are conducted.