Closing the Circle
/ˈkloʊzɪŋ ðə ˈsɜːrkəl/
Definitions
- (n.) The act or process of completing a series of legal or contractual obligations so that all parties fulfill their duties, often involving finalizing all terms and conditions to achieve a legally binding conclusion.
The closing the circle between the parties ensured that all contractual obligations were satisfied before the transfer of property.
Forms
- closing the circle
Related terms
See also
Commentary
Often used metaphorically in contract law and dispute resolution to describe completing all outstanding matters to achieve finality.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.