/kloh"zing/ , 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 complimentary close .
[ 1350-1400; ME; see CLOSE, -ING 1 ]