1. The final stage of a contract negotiation where all parties sign and agree to the terms, making the agreement legally binding
The contract closing is scheduled for next Friday at the lawyer's office.
O fechamento de contrato está agendado para próxima sexta-feira no escritório do advogado.
2. The completion of all formalities and procedures necessary to finalize a commercial or legal agreement
We need to prepare all documentation for the contract closing.
Precisamos preparar toda a documentação para o fechamento de contrato.