Definition: The final settlement between the buyer and seller; date on which title passes from seller to buyer.
Pronunciation: \ˈklō-ziŋ\
Used in a Sentence: The closing date is set for March 15.
Definition: The final settlement between the buyer and seller; date on which title passes from seller to buyer.
Pronunciation: \ˈklō-ziŋ\
Used in a Sentence: The closing date is set for March 15.