CLOSE Definition

Bookmark and Share

CLOSE is 1. The planned termination of accounting ledger activity with the resultant consolidation within a business, i.e. monthly, quarterly or annual; 2.The final half-hour of a securities trading session; 3. The price of the last transaction for a given security at the end of a given trading session. also called closing price; or, 4. To consummate a sale, contract or ownership transfer.

Learn new Accounting Terms

DEFERRED ANNUITY is an annuity in which the income payments/withdrawals begin at some future date

BACKCHARGE is to charge a person or a firm an amount of money in order to make adjustments for a previous transaction.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.