close

(redirected from close out)
Also found in: Dictionary, Thesaurus, Financial, Idioms, Encyclopedia, Wikipedia.
Related to close out: close off

Close

A parcel of land that is surrounded by a boundary of some kind, such as a hedge or a fence. To culminate, complete, finish, or bring to an end. To seal up. To restrict to a certain class. A narrow margin, as in a close election.

A person can close a bank account; a trial may be closed after each lawyer has concluded his or her presentation in the case at bar.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

close

1 private property, usually enclosed by a fence, hedge, or wall.
2 a courtyard or quadrangle enclosed by buildings or an entry leading to such a courtyard.
3 the entry from the street to a tenement building.
Collins Dictionary of Law © W.J. Stewart, 2006

CLOSE. Signifies the interest in the soil, and not merely a close or enclosure in the common acceptation of the term. Doct. & Stud. 307 East, 207 2 Stra. 1004; 6 East, 1541 Burr. 133 1 Ch. R. 160.
     2. In every case where one man has a right to exclude another from his land, the law encircles it, if not already enclosed, with an imaginary fence; and entitles him to a compensation in damages for the injury he sustains by the act of another passing through his boundary, denominating the injurious act a breach of the enclosure. Hamm. N. P. 151; Doct. & Stud. dial. 1, c. 8, p. 30; 2 Whart. 430.
     3. An ejectment will not lie for a close. 11 Rep. 55; 1 Rolle's R. 55 Salk. 254 Cro. Eliz. 235; Adams on Eject. 24.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Readiness divisions can use TYCOM resources for independent reviews of financial records, observe end of month and end of year financial close outs procedures, and ensure the NTCSS R/Supply system migration to VIKING does not disrupt the ship's financial and inventory records.