Legal Definition of Closing: Completing a transaction for the purchase or sale of real estate; making the final argument in a trial | Learn the legal definition of closing and its importance in business operations and legal proceedings. Discover how closing is the final stage of real estate transactions, ensuring a smooth transfer of ownership, and how it refers to the final arguments made in trials to sway the outcome in your favor. Understand why a proper closing is crucial for business owners and how a well-crafted closing argument can protect your rights. Embrace the significance of closing and approach it with diligence and expertise