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closing

[kloh-zing] /ˈkloʊ zɪŋ/
noun
1.
the end or conclusion, as of a speech.
2.
something that closes; a fastening, as of a purse.
3.
the final phase of a transaction, especially the meeting at which procedures are carried out in the execution of a contract for the sale of real estate.
4.
an act or instance of failing or going bankrupt:
an increase in bank closings.
Origin
1350-1400
1350-1400; Middle English; see close, -ing1
Related forms
half-closing, adjective
self-closing, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Word Origin and History for halfclosing

closing

n.

late 14c., "act of closing; that which closes," verbal noun from close (v.).

Online Etymology Dictionary, © 2010 Douglas Harper
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halfclosing in Culture

closing definition


Usually applied to real estate transactions, it refers to delivery of the deed of ownership from the owner to the buyer in return for full payment.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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