Closing date Meaning: Definition, Examples, and Translations
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closing date
[ˈkləʊzɪŋ deɪt ]
Definitions
business
The final date by which all entries or applications must be submitted.
Synonyms
deadline, end date, final date.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| closing date |
Used when referring to the last date for applications, submissions, or particular activities, typically in formal or professional settings.
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| deadline |
Commonly used in various contexts to indicate the last possible time something must be completed, often associated with a sense of urgency.
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| end date |
Typically used to specify the last date of a period or duration, such as the end of a contract, a project, or an event.
|
| final date |
Often used interchangeably with 'closing date' or 'end date,' but emphasizes that it is the absolute last date something can happen.
|
Examples of usage
- The closing date for the job application is next Friday.
- Please make sure to submit your project before the closing date.
- The closing date for the competition is fast approaching.
real estate
The date on which a property sale is finalized and ownership is transferred.
Synonyms
completion date, settlement date.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| closing date |
Often used in real estate transactions to refer to the date when the ownership of the property is officially transferred from the seller to the buyer.
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| completion date |
Generally refers to the final date by which a project or task must be completed, often used in construction, project management, or academic settings.
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| settlement date |
Primarily used in financial transactions to denote the date by which a trade or sale must be settled or finalized. The term often appears in the context of stock market and investment transactions.
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Examples of usage
- The closing date for the house purchase is set for the end of the month.
- We need to prepare all the necessary documents before the closing date.
- The closing date can be extended if both parties agree.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Business
- In business, a closing date is crucial for contracts, ensuring parties meet deadlines to finalize agreements.
- Real estate transactions also hinge on closing dates, marking when ownership transfers from seller to buyer.
Education
- In academia, many programs have closing dates for applications, impacting admissions and enrollment.
- Staying aware of closing dates can mean the difference between achieving educational goals or missing opportunities.
Cultural Significance
- Many festivals or events have closing dates for ticket sales, influencing attendance and planning.
- Certain cultural events, like film festivals, announce their closing dates to indicate when submissions must be finalized.
Technology
- In the digital age, many online services set closing dates for project submissions, often communicated through email alerts.
- With the rise of e-commerce, companies frequently emphasize closing dates for promotions to create urgency.
Origin of 'closing date'
Main points about word origin
- The term 'closing date' combines 'closing', meaning to finish or shut, and 'date', referring to a specific day.
- Its use in English traces back to the late 19th century, becoming common in business and legal language.
The term 'closing date' originated in the business world to refer to the final date by which entries or applications must be submitted. It later expanded to real estate terminology, where it signifies the date on which a property sale is finalized and ownership is transferred. The concept of a closing date emphasizes the importance of deadlines and finality in various fields, ensuring timely completion of tasks and transactions.