noun the act of bringing something to an end or completion
adjective final or last in a series
In real estate, 'closing' refers to the final step in the process of buying or selling a property, where all legal documents are signed, and ownership is transferred from the seller to the buyer.
In finance, 'closing' can refer to the end of a trading session on the stock market or the finalization of a financial transaction, such as a loan or investment.
In a business context, 'closing' can refer to the final stages of a deal or negotiation, the completion of a sale, or the shutting down of a company or operation.
In the legal field, 'closing' can refer to the conclusion of a legal case, the final arguments made by attorneys, or the completion of a contract or agreement.
In project management, 'closing' can refer to the completion and finalization of a project, including the handover of deliverables and the formal acceptance of the project by stakeholders.
In sales, 'closing' refers to the final step in the sales process where a deal is sealed, and the customer commits to making a purchase.
In the context of a writer, 'closing' refers to the final stages of a piece of writing where the author wraps up the main points, provides a conclusion, and ensures that the piece is cohesive and well-rounded.
In the context of a psychologist, 'closing' can refer to the final session or sessions with a client where the therapist summarizes progress, discusses future plans, and helps the client transition out of therapy in a healthy way.
In the context of a salesperson, 'closing' refers to the final step in the sales process where the salesperson asks for the sale, handles any objections, and finalizes the transaction with the customer.
In the context of a real estate agent, 'closing' refers to the final step in the home buying process where all necessary paperwork is signed, funds are transferred, and ownership of the property is officially transferred to the buyer.
In the context of a project manager, 'closing' refers to the final phase of a project where all deliverables are completed, stakeholders are satisfied, and the project is officially closed out with a final report or evaluation.