Closing Date

The closing date refers to the final day by which a transaction or agreement must be completed. In real estate, for example, it’s the day when the buyer officially takes ownership of the property after all paperwork is signed and payments are made. In other contexts, such as contests or job applications, it indicates the last moment participants can submit their entries or applications. Missing the closing date usually means missing out on the opportunity associated with it, so it's important to be aware of and meet these deadlines.