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Meaning of closing

clos•ing

Pronunciation: (klō'zing), [key]
— n.
  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, esp. 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.
  5. See
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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