definition of closeout

What constitutes a closeout? Is it where the whole wave throws over at the same time so there is no way to ride it except at the very end of the wave? Is it where the wave breaks so fast you can't keep up with it? Is it where it breaks so fast you can't keep up with it but someone else could or you might be able to on a different board? Is it a closeout when you do a maneuver that takes speed off like a tail sliding turn or a cutback and the wave passes you by because you slowed down too much to keep up with it? I notice in the pro contests the surfers often opt to do some spectacular maneuver to end their wave rather than trying to stay on it by doing speed turns. The announcer will say it closed out but they could have stayed on the wave and maybe would have if making the wave counted for something. Just putting this up for discussion but the answer doesn't really matter except for interest sake. To me I think a closeout is a wave that pitches all at once, a closeout section is one that pitches out so much that it makes it impossible to proceed down the line for me or in my estimation anyone and that may not be very accurate but sometimes I know I probably could have done better or someone else definitely could have done better. So how do you define a closeout? Of course if you ask me I might still say it closed out 
