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closing transaction

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Closing transaction
Applies to derivative products. Buy or sell transaction that eliminates an existing position (selling a long option or buying back a short option). Antithesis of opening transaction.

closing transaction
1. The final transaction for a particular security during a trading day. Compare opening transaction.
2. An option order that eliminates or decreases the size of an existing option position. An investor who repurchases three options that have been sold short is entering into a closing transaction. Also called closing purchase, closing sale. Compare opening transaction. See also close a position.

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Working closely with the CBRE Tri-State Investment Team which arranged the sale of the property greatly enhanced our ability to effectuate a quick, problem free closing transaction.
We continue to be successful in closing transaction revenue contracts but as noted previously these do not add to revenue in the short term.
In addition, Romano claimed that Gutterman signed the purchase agreement for the house which stated that he was accepting the house "as is," and that all representations previously made were merged in the deed and would not survive the closing transaction.
 
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