closeout vs sale

closeout and sale both are nouns.

Word	Noun	Adjective	Verb	Adverb
closeout	Yes	No	No	No
sale	Yes	No	No	No

As nouns, sale is a hypernym of closeout; that is, sale is a word with a broader meaning than closeout:

Other hypernyms of closeout include cut-rate sale, sales event.

closeout (noun)	sale (noun)
a sale intended to dispose of all remaining stock	a particular instance of selling
	an occasion (usually brief) for buying at specially reduced prices
	the general activity of selling
	an agreement (or contract) in which property is transferred from the seller (vendor) to the buyer (vendee) for a fixed price in money (paid or agreed to be paid by the buyer)
	the state of being purchasable; offered or exhibited for selling