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.

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 — (Finish Term) Low quality cotton fabrics with spaces between the threads are treated with some filling mixture and then calendered. The pressure is not so heavy as to flatten the threads but just enough to close or fill up the spaces. CLOSING… …   Dictionary of the English textile terms

  • 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

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