Closures
/ˈkloʊʒərz/
Definitions
- (n.) The act or process of bringing a legal, business, or real estate transaction to completion.
The lawyer finalized the closures of the property deals yesterday.
- (n.) The ending or shutting down of a business, court case, or contractual arrangement.
The court ordered the closure of the company after the fraud was uncovered.
Forms
- closure
Related terms
See also
Commentary
In legal usage, 'closures' typically refers to multiple instances of 'closure' involving different transactions or proceedings; the singular 'closure' handles the substantive definition.
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.