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Closing

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Closing is a term that refers to the final step in the process of a successful sales transaction. It typically refers to the point at which all of the negotiations between buyer and seller have been completed and any necessary legal, financial, regulatory or administrative requirements have been completed. In some circumstances, it can refer to an actual gathering of all parties involved to formally sign documents related to the closing of the transaction.

See also

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This term or phrase is currently an entry in The SmallBusiness.com Business Glossary WIKI. Please help expand this entry into a more detailed description.

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This entry includes content from the following Wikipedia article: Closing


SB glossary new.jpg
This term or phrase is currently an entry in The SmallBusiness.com Business Glossary WIKI. Please help expand this entry into a more detailed description.