closing noun clos· ing ˈklō-ziŋ 1 : a concluding part (as of a speech) 2 : a closable gap (as in an article of clothing) 3 : a meeting of parties to a real-estate deal for formally transferring title …

clos·ing 1. The end or conclusion: the closing of a debate. 2. A meeting for completing a transaction, especially one at which contracts are signed transferring ownership of real...

noun the end or conclusion, as of a speech. something that closes; a fastening, as of a purse. the final phase of a transaction, especially the meeting at which procedures are carried out in the …

closing noun uk / ˈkləʊzɪŋ / us [ C or U ] the act of permanently stopping a factory, business, organization, etc. from operating: Congress passed a law to protect workers and their families …

24/03/2021 · Closing is the final phase of mortgage loan processing in which the property title passes from the seller to the buyer. Key Takeaways Closing is the final phase of mortgage loan processing in...

26/10/2016 · Closing involves obtaining the necessary consent, drafting, negotiating and delivering all documents, satisfying the state requirements, ensuring all conditions have been satisfied, and arranging for transmission of the purchase price. However, a simultaneous closing may not be possible when the deal is conditioned on buyer financing.

v. (klōz) closed, clos·ing, clos·es v.tr. 1. To move (a door, for example) so that an opening or passage is covered or obstructed; shut. 2. To bar access to: closed the road for repairs. 3. To fill or stop up: closed the cracks with plaster. 4. To stop the operations of permanently or temporarily: closed down the factory. 5.

Closing is a sales term which refers to the process of making a sale. The sales sense springs from real estate, where closing is the final step of a transaction. In sales, it is used more generally to mean achievement of the desired outcome, which may be an exchange of money or acquiring a signature.

28/11/2022 · What is a Closing Entry? A closing entry is a journal entry that is made at the end of an accounting period to transfer balances from a temporary account to a permanent account. Companies use closing entries to reset the balances of temporary accounts − accounts that show balances over a single accounting period − to zero.

close in 1. To physically surround, encircle, or approach someone or something. As the opposing troops closed in on us, I knew we... 2. To trap or confine someone or something in a particular space. In this usage, a noun or pronoun can be used between... 3. To approach very quickly or become ...