Closing volume (CV) financial definition of closing volume (CV)
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The amount of trading sustained in a security or in the entire market during a given period. Especially heavy volume may indicate that important news has just been announced or is expected. See also average daily volume
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.
Volume is the number of shares traded in a company's stock or in an entire market over a specified period, typically a day.
Unusual market activity, either higher or lower than average, is typically the result of some external event. But unusual activity in an individual stock reflects new information about that stock or the stock's sector.