Home > Terms > English, UK (UE) > Closing

Closing

The closing includes the delivery of a deed, the signing of loan documentation, and the disbursement of funds necessary to complete the sale and loan transaction. Also known as "settlement."

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Banking
  • Category: Mortgage
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  • Acronym-Abbreviation:
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