What does closing mean?

Here's a list of possible definitions for the term closing:


Princeton's WordNet

  1. shutting, closing(noun)

    the act of closing something

  2. conclusion, end, close, closing, ending(noun)

    the last section of a communication

    "in conclusion I want to say..."

  3. closing, closure(noun)

    approaching a particular destination; a coming closer; a narrowing of a gap

    "the ship's rapid rate of closing gave them little time to avoid a collision"

  4. closure, closedown, closing, shutdown(noun)

    termination of operations

    "they regretted the closure of the day care center"

  5. completion, culmination, closing, windup, mop up(adj)

    a concluding action

  6. closing(adj)

    final or ending

    "the closing stages of the election"; "the closing weeks of the year"; "the closing scene of the film"; "closing remarks"

GCIDE

  1. closing(n.)

    (Commerce) the final action in a commercial transaction, especially the meeting between buyer and seller (and in some cases mortgagee), or their representatives, in a transaction for sale of real estate in which all documents are signed and all procedures carried out to complete the sale; -- called also real estate closing.

Wiktionary

  1. closing(Noun)

    The end or conclusion of something

    The closing of the curtains.

  2. closing(Noun)

    The final procedure in a house sale when documents are signed and recorded.

  3. closing(Adjective)

    Coming after all others.

Webster Dictionary

  1. Closing

    of Close

Freebase

  1. Closing

    Closing is the final step in executing a real estate transaction. The closing date is set during the negotiation phase, and is usually several weeks after the offer is formally accepted. On the closing date, the parties consummate the purchase contract, and ownership of the property is transferred to the buyer. In most jurisdictions ownership is officially transferred when a deed from the seller is delivered to the buyer. Several things happen during closing: ⁕The buyer delivers a cheque for the balance owed on the purchase price. ⁕The seller signs the deed over to the buyer, and delivers the keys. ⁕A title company, lawyer or civil law notary registers the new deed with the local land registry office. ⁕The seller receives a cheque or bank transfer for the proceeds of the sale, less closing costs and mortgage payouts. Closing in escrow usually occurs in states in the western half of the US. A title company or other trusted party holds the money and the signed deed, and arranges for the transfer. This is primarily so that the seller can give up ownership of the property, and the buyer can hand over the payment, without both parties having to be present at the same time. Escrow ensures an orderly transaction, or if something goes wrong, an orderly termination of the agreement.

Matched Categories

British National Corpus

  1. Written Corpus Frequency

    Rank popularity for the word 'closing' in Written Corpus Frequency: #4661

Numerology

  1. Chaldean Numerology

    The numerical value of closing in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of closing in Pythagorean Numerology is: 7



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