What is the meaning of Settlement (or Closing)?

settlement > or closing

Meeting between the buyer, seller and lender or their agents at which property and funds legally change hands.

Barry Goldsmith
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APABarry Goldsmith. (2010). settlement (or closing). Retrieved September 24, 2026, from http://smartdefine.org/settlement_(or_closing)/definitions/1163375
ChicagoBarry Goldsmith. 2010. "settlement (or closing)" http://smartdefine.org/settlement_(or_closing)/definitions/1163375 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, settlement (or closing), Smart Define, viewed 24 September, 2026, <http://smartdefine.org/settlement_(or_closing)/definitions/1163375>.
MLABarry Goldsmith. "settlement (or closing)" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/settlement_(or_closing)/definitions/1163375>