closing transaction

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• closing transaction — Applies to derivative products. buy or sell transaction that eliminates an existing position (selling a long option or buying back a short option). Antithesis of opening transaction. Bloomberg Financial Dictionary …   Financial and business terms

• 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 (real estate) — Closing (or settlement) is the final step in executing a real estate transaction. The closing date is set during the negotiation phase, and is usually several weeks after the offer is formally accepted. On the closing date, the parties consummate …   Wikipedia

• 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 — 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 (sales) — Closing is a sales term which refers to the process of making a sale. The sales sense springs from real estate, where closing is the final step of a transaction. In sales, it is used more generally to mean achievement of the desired outcome,… …   Wikipedia

• closing certificate — USA closing certificate, Also known as an officer s certificate. For a transaction where the operative agreement (such as a merger agreement or purchase agreement) is signed before the closing, a certificate signed by an officer of a company (or… …   Law dictionary

• Closing statement — may refer to: Closing argument, or summation , the concluding statement of each party s counsel in a court case Closing statement (real estate), a document describing a real estate transaction Closing statement (debate), the concluding statement… …   Wikipedia

• closing costs — n. Expenses that must be paid on closing, including fees for title searches and title insurance, deeds, appraisals, credit reports, and escrow. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell …   Law dictionary

• closing checklist — USA A list of things to be done and items to be delivered before a transaction can be closed. Responsibility for each item is typically allocated among the parties on the checklist. The status of each item is updated periodically and circulated… …   Law dictionary

• Closing costs — Real property in most jurisdictions is conveyed from the seller to the buyer through a real estate contract. The point in time at which the contract is actually executed and the title to the property is conveyed to the buyer is known as the… …   Wikipedia