That magazine is sold out.
I almost cried when I learned that tickets for the Tofugu lecture were sold out.
I’m terribly sorry Mr. Jones, but we are all sold out of animal crackers.
When the selling is cut, that means something is sold out. You'll see this word a lot in stores (or, hopefully you won't...) in Japan. Look out for it if you're able!
This word uses the kun'yomi readings for both kanji, but you know them both now, so you should be able to read this too!