closing

1. the act of closing something.
2. the last section of a communication.
3. termination of operations.
4. a concluding action.
5. (Commerce) the final action in a commercial transaction, especially the meeting between buyer and seller (and in some cases mortgagee), or their representatives, in a transaction for sale of real estate in which all documents are signed and all procedures carried out to complete the sale; -- called also real estate closing.