transaction close
[træn'zækʃən kloʊz]
noun phrasepl: transaction closes
fechamento de transação
1. The completion and finalization of a business transaction, including all necessary documentation, payments, and legal procedures
The transaction close occurred on Friday when all parties signed the final agreement.
O fechamento da transação ocorreu na sexta-feira quando todas as partes assinaram o acordo final.
2. In real estate, the final step in a property sale when ownership is transferred and funds are exchanged
We scheduled the transaction close for next month after the inspection was completed.
Agendamos o fechamento da transação para o próximo mês após a inspeção ser concluída.
3. In accounting and business, the process of reconciling and finalizing financial records related to a completed transaction
The team handled the transaction close procedures to ensure all accounts were properly recorded.
A equipe realizou os procedimentos de fechamento da transação para garantir que todas as contas fossem registradas corretamente.
This is a formal business and legal term widely used in both American and Brazilian commercial contexts, particularly in real estate, mergers and acquisitions, and banking. In Brazil, the term 'fechamento' is predominant in real estate transactions, while 'encerramento' may be used in more technical or legal documents. The phrase carries significant weight as it represents the moment when all contractual obligations are fulfilled.
NYC Slang
the close / deal close
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