closing sale

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Closing sale

A transaction in which the seller's intention is to reduce or eliminate a long position in a stock, or a given series of options.

Closing Sale

1. Any transaction that closes a position, especially a long position.

2. An option buyer's sale of a second option that cancels out the provisions of the previous option by having the same provisions.

closing sale

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It shows that it is very challenging closing sales in this current environment," said Kim Heddinger, outgoing president of the Eugene Association of Realtors.
Some 10% more brokers reported closing sales at or above asking price compared to what brokers reported in the second quarter of 2010.
A salesperson should really do just the opposite: spend the most time closing sales with the easiest-to-close prospects.