1. The final stage of a contractual agreement where all terms are fulfilled, documents are signed, and the transaction is completed
The contract closing is scheduled for next Friday at the lawyer's office.
O fechamento do contrato está marcado para a próxima sexta-feira no escritório do advogado.
2. In real estate, the final meeting where ownership is transferred and all payments are made
We received the keys to our new house during the contract closing.
Recebemos as chaves da nossa nova casa durante o fechamento do contrato.