1. The final conditions and agreements in a business transaction, legal contract, or real estate deal that are negotiated and settled before the transaction is completed
The closing terms of the contract included payment schedules and delivery dates.
Os termos de encerramento do contrato incluíam cronogramas de pagamento e datas de entrega.
2. In real estate, the specific conditions agreed upon for the final transfer of property ownership
We negotiated favorable closing terms that reduced our costs at settlement.
Negociamos termos de encerramento favoráveis que reduziram nossos custos no fechamento.