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

COMPUTER CONTROLS are internal controls performed by computer software controls as opposed to manual controls. Can also mean general and application controls over the computer processing of data.

MIL (MILS) is a currency of Cyprus.

Suggest a Term

Enter Search Term

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