closing

closing
I. closing clos‧ing 1 [ˈkləʊzɪŋ ǁ ˈkloʊ-] noun
1. [countable, uncountable] when a shop or company stops operating permanently:

• The risk of injury did not justify the closing of the factory.

• The firm has announced a series of short-term layoffs and plant closings.

2. [uncountable] the time at which shops, offices etc stop operating for the day:

• The supermarkets here operate late night closing on Thursday and Friday nights.

3. [uncountable] COMMERCE the final point in a deal or sale, when all the conditions are agreed:

• US West will pay $150 million on closing and the balance over four years.

• The firm had insufficient funds to cover the downpayment and closing costs.

4. [uncountable] ACCOUNTING the end of an accounting period
  [m0] II. closing closing 2 adjective [only before a noun]
1. FINANCE coming at the end of a day's trading:

• The shares ended at 65, down 7 points from Thursday's closing price.

• The bond slipped to its lowest closing level for three years.

• The official bank closing rate (= the value of a currency at the end of a day's trading ) showed the pound at $1.8525.

2. final:

• The closing date for the sale of the shares is expected to be May 9.

3. closing statement/​speech/​arguments the final remarks made by a lawyer at the end of a court case:

• He told the jury in his closing arguments that there wasn't a shred of evidence linking his client to any wrongdoing.

* * *

Ⅰ.
closing UK US /ˈkləʊzɪŋ/ noun
[C or U] the act of permanently stopping a factory, business, organization, etc. from operating: »

Congress passed a law to protect workers and their families from the harmful effects of sudden plant closings and mass layoffs.

Compare OPENING(Cf. ↑opening) noun
[C or U] STOCK MARKET, FINANCE the end of the day's trading on a stock market: »

The rivals have until 1pm to put in their bids and the winner will be declared at the closing of the market at 4.30pm.

Compare OPENING(Cf. ↑opening) noun
[U] COMMERCE the act of finishing business for the day, or the time when this happens: »

We managed to finish our shopping right before closing.

early/late closing »

Monday is early closing.

Compare OPENING(Cf. ↑opening) noun
[U] US BANKING, FINANCE, PROPERTY the final stage of arranging a loan or of buying and selling property: »

We will be ready to move in immediately after the closing.

at closing »

Homeowners have the option of taking a lump sum at closing.

See also COMPLETION(Cf. ↑completion)
[U] ACCOUNTING the end of a period of accounting
Ⅱ.
closing UK US /ˈkləʊzɪŋ/ adjective [before noun]
coming near the end of a speech, event, activity, etc.: closing remarks/statement »

In her closing remarks, she thanked all the delegates for taking part.

»

The Prime Minister spoke yesterday at the closing ceremony of the Paris Air Show.

Compare OPENING(Cf. ↑opening) adjective
STOCK MARKET, FINANCE coming at the end of the day's trading on the stock market: »

The Dow achieved a closing record of 5,894.74.

»

Stock prices had risen 10% by the closing bell.

Compare OPENING(Cf. ↑opening) adjective

Financial and business terms. 2012.

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Look at other dictionaries:

  • closing — clos·ing / klō ziŋ/ n: the fulfillment or performance of a contract esp. for the sale of real estate; also: a meeting at which the closing of a contract takes place represented us at the closing ◇ At the closing for the completion of the sale of… …   Law dictionary

  • Closing — may refer to: The closing of a letter or e mail: see Valediction or Complimentary close The termination or closure of a business Closing (real estate), the final step in executing a real estate transaction Closing (sales), making a sale Closing… …   Wikipedia

  • closing — adj. final or ending; terminal; as, the closing stages of the election; the closing weeks of the year; the closing scene of the film; closing remarks. Opposite of {opening}. [Narrower terms: {year end}] [WordNet 1.5] …   The Collaborative International Dictionary of English

  • closing — n. 1. the act of closing something. Syn: shutting. [WordNet 1.5] 2. the last section of a communication. Syn: conclusion, close, ending. [WordNet 1.5] 3. termination of operations. Syn: closure, closedown, shutdown. [WordNet 1.5] 4. a concluding… …   The Collaborative International Dictionary of English

  • Closing In — Studio album by Early Man Released October 11, 2005 Genre Heavy metal Speed metal Length …   Wikipedia

  • Closing — (im deutschen auch Schließen) ist eine morphologische Basis Operation in der digitalen Bildverarbeitung. Anwendung findet der Operator beim Filtern von Bildern; durch das Schließen lassen sich lokal begrenzte dunkle Störungen in einem Bild… …   Deutsch Wikipedia

  • closing in — index imminent Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • closing — I noun 1. the act of closing something (Freq. 2) • Syn: ↑shutting • Ant: ↑opening • Derivationally related forms: ↑close, ↑shut ( …   Useful english dictionary

  • closing — clos|ing1 [ˈkləuzıŋ US ˈklou ] adj [only before noun] happening or done at the end of an event or a period of time closing remarks/words/ceremony etc ▪ The judge gave his closing speech to the jury. closing stages/seconds/minutes etc ▪ in the… …   Dictionary of contemporary English

  • Closing — The end of a trading session. The closing of a trading day halts trading on exchanges. After hours trading still occurs until 8 pm. An action which will eliminate your position in a security. Closing a position is done by taking an action which… …   Investment dictionary

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