Closing: meaning, definitions and examples
๐
closing
[ หklษสzษชล ]
business
The action of ending something, especially a business deal or an official agreement.
Synonyms
completion, conclusion, termination
Examples of usage
- He is responsible for the closing of the deal.
- The closing of the merger was delayed due to legal issues.
real estate
The final stage in a property purchase, where the legal transfer of ownership takes place.
Synonyms
completion, conclusion, settlement
Examples of usage
- The closing of the house sale is scheduled for next week.
- We need to prepare all the necessary documents for the closing.
finance
The final balance in an accounting period, which summarizes the revenue and expenses.
Synonyms
concluding balance, ending balance, final balance
Examples of usage
- The accountant prepared the financial statement with the closing balance.
- We need to calculate the closing balance for this quarter.
Translations
Translations of the word "closing" in other languages:
๐ต๐น fechamento
๐ฎ๐ณ เคฌเคเคฆ เคเคฐเคจเคพ
๐ฉ๐ช Schlieรung
๐ฎ๐ฉ penutupan
๐บ๐ฆ ะทะฐะบัะธััั
๐ต๐ฑ zamkniฤcie
๐ฏ๐ต ้้ (ใธใใ)
๐ซ๐ท fermeture
๐ช๐ธ cierre
๐น๐ท kapanฤฑล
๐ฐ๐ท ๋ซ๊ธฐ
๐ธ๐ฆ ุฅุบูุงู
๐จ๐ฟ uzavลenรญ
๐ธ๐ฐ zatvorenie
๐จ๐ณ ๅ ณ้ญ (guฤnbรฌ)
๐ธ๐ฎ zapiranje
๐ฎ๐ธ lokun
๐ฐ๐ฟ ะถะฐะฑั
๐ฌ๐ช แแแฎแฃแ แแ
๐ฆ๐ฟ baฤlanma
๐ฒ๐ฝ cierre
Word origin
The word 'closing' originated from the Old English word 'clฤosung', which means 'a shutting, closing, a barrier'. Over time, it evolved to represent the action of ending or completing something. The usage of 'closing' expanded in various fields such as business, real estate, and finance, reflecting its importance in finalizing deals, property transactions, and financial statements.
See also: close, closed, closely, closeness, closer, closest, closet, closure, closures, disclose, enclose, enclosure.