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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

closing sale

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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During his time at XIN, Tavsanoglu was responsible for sourcing, negotiating, structuring and closing transactions in multi-family investments, ground-up condo developments and residential conversion projects.
The company has secured fully-committed debt financing from SummitView Capital, a highly respected private equity firm with a track record of successfully closing transactions in the United States and around the world.
La Jolla, California-based ClosingCorp, an independent real estate closing cost data and technology company that develops online data services for mortgage lenders, real estate professionals and consumers, has launched [DART.sup.sin], a data service that provides recording fee and transfer tax amounts for title and settlement professionals to use for closing transactions.
Hesitancy accelerates the conflict for reasons already noted--speed is critical to closing transactions.
One example is performing the ongoing review of transaction documentation for completeness before closing transactions.
During his career in commercial real estate he has been responsible for closing transactions in excess of $100 million.
Throughout his 30-year career in the commercial real estate industry, De Riemer has managed investment sales and investment banking assignments for institutional and private clients throughout the Eastern United States, closing transactions in excess of $5 billion in aggregate value.
"Closing transactions in these turbulent economic conditions is very challenging, particularly completing deals of the size and scope of the lease agreement with Otsuka America Pharmaceutical, Inc.," said Todd Rechler, president, RXR New Jersey.