CLOSE DATE Meaning and
Definition
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Close date refers to the specific date on which a particular event, project, activity, or transaction is scheduled or expected to conclude, come to an end, or be finalized. It signifies the designated date when all necessary actions and formalities are expected to be completed. The close date serves as a deadline or cutoff point for the relevant proceedings.
In various contexts, the close date can have different meanings and applications. For instance, in sales or business settings, it refers to the final day or deadline for closing a deal, when the agreement or contract is signed, and the transaction is completed. Similarly, in project management, it denotes the predetermined date when a project is set to be finished, and all deliverables are expected to be handed over.
Moreover, in legal or financial matters, the close date may pertain to the conclusion of a legal case, the expiration of a contract, or the end of a fiscal year or reporting period. It plays a fundamental role in setting timelines and ensuring that tasks are accomplished within the prescribed time frame.
In summary, the close date is the specific date that marks the termination or completion of an event, task, or process. It acts as a deadline or limit within a given context, indicating when all required actions or obligations should be fulfilled, leading to the conclusion of the associated matter.
Common Misspellings for CLOSE DATE
- xlose date
- vlose date
- flose date
- dlose date
- ckose date
- cpose date
- coose date
- clise date
- clkse date
- cllse date
- clpse date
- cl0se date
- cl9se date
- cloae date
- cloze date
- cloxe date
- clode date
- cloee date
- clowe date
- closw date
Etymology of CLOSE DATE
The word "close date" is a combination of two words: "close" and "date".
The word "close" comes from the Old French word "clos", which means "enclosed" or "shut". It originated from the Latin word "clausus", meaning "closed" or "shut up". Over time, the meaning of "close" has expanded to include notions of completion, termination, or conclusion.
The word "date" can be traced back to the Latin word "data", which means "given" or "assigned". In English, "date" initially referred to the assigned time or day, particularly for historical events or arrangements.
When combined, "close date" generally refers to the scheduled or assigned deadline or termination date for something. It is commonly used in contexts like project management, business transactions, or documents to indicate when an action or process comes to a conclusion.
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