Closing: meaning, definitions and examples

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closing

[ˈkləʊzɪŋ ]

Definitions

^{Context #1 | Noun}

business

The action of ending something, especially a business deal or an official agreement.

Synonyms

completion, conclusion, termination.

Which Synonym Should You Choose?

Word	Description / Examples
closing	Appropriate for referring to the end of events, meetings, or formal occasions. The closing of the conference will be held in the main hall. In his closing remarks, the CEO thanked all the attendees.
conclusion	Best for indicating the final part of something written, spoken, or an investigation. In conclusion, we must focus on sustainable development. The detective's investigation led to the conclusion that the suspect was innocent.
completion	Used when something is finished successfully, typically tasks, projects, or processes. The team celebrated the completion of the new software project. Completion of the bridge is expected by next summer.
termination	Often used in formal or legal contexts to denote the ending of contracts, agreements, or employment, with a potentially negative connotation. The termination of the contract was unexpected and abrupt. His termination from the company was due to repeated policy violations.

Examples of usage

He is responsible for the closing of the deal.
The closing of the merger was delayed due to legal issues.

^{Context #2 | Noun}

real estate

The final stage in a property purchase, where the legal transfer of ownership takes place.

Synonyms

completion, conclusion, settlement.

Which Synonym Should You Choose?

Word	Description / Examples
closing	Commonly used in business settings, particularly in real estate, to refer to the finalization of a transaction or deal. The closing of the sale is scheduled for next Monday. We're preparing the documents for the closing.
settlement	Often used in legal and financial contexts to refer to resolving a dispute or finalizing an agreement. The settlement between the two companies was reached after lengthy negotiations. They arrived at a settlement to avoid a court case.
completion	Used in a wide range of scenarios to indicate that something has been finished or achieved. The completion of the project will take another two weeks. Her completion of the marathon was a personal triumph.
conclusion	Used to indicate the end of something that involves an explanation or a story, often with an analytical or logical implication. In conclusion, the evidence strongly supports the theory. The conclusion of the book left many readers satisfied.

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.

^{Context #3 | Noun}

finance

The final balance in an accounting period, which summarizes the revenue and expenses.

Synonyms

concluding balance, ending balance, final balance.

Which Synonym Should You Choose?

Word	Description / Examples
closing	Typically used in financial and business settings to indicate the balance at the end of a financial period or the end of a business day. The closing balance for today's transactions is $5,000. Please review the closing statement for any discrepancies.
ending balance	Commonly used in everyday banking or financial contexts to refer to the amount remaining at the end of a statement period. Check your ending balance for this month on your bank statement. The ending balance on my credit card is lower than expected.
final balance	Used when referring to the very last balance at the end of an accounting period, project, or financial record; often implies no further changes. The final balance for the project budget was $10,000. Please review the final balance before closing the account.
concluding balance	More formal and often used in reports or formal documents to indicate the balance at the end of a particular period. The concluding balance for the fiscal year is $20,000. In the final report, the concluding balance was highlighted.

Examples of usage

The accountant prepared the financial statement with the closing balance.
We need to calculate the closing balance for this quarter.

Interesting Facts

Etymology

The word 'closing' comes from the Old English 'clōsan', meaning to shut or enclose.
It has been used in English since the 14th century to describe the act of ending or sealing something.
The variation 'close' can be traced back to the Latin 'clausus', which also means shut or closed.

Business

In real estate, a 'closing' is a final step in a property transaction where ownership is officially transferred.
Many businesses have a 'closing time' which signals when they stop serving customers for the day.
Closing arguments in a courtroom are the final statements that summarize a case before the jury makes a decision.

Literature

In storytelling, a 'closing' can refer to the resolution of a narrative where all loose ends are tied up.
Many authors emphasize a strong closing to leave a memorable impression on readers and provoke thought.
The phrase 'closing lines' refers to the final sentences of a work, which often encapsulate its main themes.

Psychology

The 'closing phase' in therapy refers to the process of ending a client’s journey, helping them reflect on their progress.
The concept of 'closure' plays a significant role in mental health, allowing individuals to find peace after ending relationships or events.
In group dynamics, a closing ritual can help solidify relationships among members before the group disbands.

Pop Culture

The term 'closing credits' in movies indicates the final list of those who contributed to the film, signaling its end.
In various reality TV shows, the host often says 'closing remarks' to summarize what has happened throughout the episode.
The closing theme song in shows or presentations often leaves the audience with a lasting feeling or message.

Translations

Translations of the word "closing" in other languages:

🇵🇹 fechamento

🇮🇳 बंद करना

🇩🇪 Schließung

🇮🇩 penutupan

🇺🇦 закриття

🇵🇱 zamknięcie

🇯🇵 閉鎖 (へいさ)

🇫🇷 fermeture

🇪🇸 cierre

🇹🇷 kapanış

🇰🇷 닫기

🇸🇦 إغلاق

🇨🇿 uzavření

🇸🇰 zatvorenie

🇨🇳 关闭 (guānbì)

🇸🇮 zapiranje

🇮🇸 lokun

🇰🇿 жабу

🇬🇪 დახურვა

🇦🇿 bağlanma

🇲🇽 cierre

Word Frequency Rank

Ranking #3,009, this word is part of upper-intermediate vocabulary. While not among the most basic terms, it appears often enough to be valuable for advanced communication.

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3006 phenomenon
3007 prisoners
3008 competent
3009 closing
3010 indicating
3011 attractive
3012 blind
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