Pronunciation: (tāk'out"),[key] —n. 1. the act or fact of taking out.
2. something made to be taken out, esp. food prepared in a store or restaurant to be carried out for consumption elsewhere.
3. Informal.a store, restaurant, or counter specializing in preparing food meant to be carried out for consumption elsewhere.
4. a section, as of a magazine, that may be removed intact, usually consisting of a story, article, or set of illustrations.
5. Also called takedown, take'out loan", take'out mort"gage.Finance.a long-term real-estate mortgage arranged for a building the construction of which is financed by an interim short-term loan (construction loan). 6. Cards. a. Bridge.a bid in a suit or denomination different from the one bid by one's partner.
b. Poker.the minimum with which a player can begin.
—adj. 1. pertaining to or supplying food and drink to be taken out and consumed elsewhere: the takeout window of a restaurant. 2. Also,takedown.of, pertaining to, or providing a takeout mortgage: The high-rise developer has found a takeout commitment from a large insurance company.Also,take'-out".