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Agency closing |
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Agency closingThe process in which a lender uses a title company or other firm as an agent to complete a loan.Agency closing Similar MatchesClosing costsClosing costsAll the expenses involved in transferring ownership of real estate. Closing purchaseClosing purchaseThe purchase of an option, by a writer, which has the same terms as an option which has previously been sold. This transaction terminates his/her obligations as a writer. First closing dateFirst closing dateThe first closing date is one of the milestones in the process by which one company takes over another.Takeover bids involving companies quoted on the London Stock Exchange are governed by a code laid down by the City's Panel on Takeovers and Mergers. One of the most important functions of the code is to set a timetable for the bid which the parties have to stick to.Once a bid has been launched, the bidding company has 28 days to send its offer document to the target company, and then the offer has to be left open for a minimum of 21 days. That point is the first closing date. ClosingClosing(1) In real estate sales, the final procedure in which documents are executed and/or recorded, and the sale (or loan) is completed. (2) A selling term meaning the point at which the client or customer is asked to agree to the sale or purchase and sign the contract. (3) The final call in a metes and bounds legal description which "closes" the boundaries of the property. Closing rangeClosing rangeA futures expression which refers to a range of closely allied prices at which transactions were conducted at the close of a trading day. Further Suggestionsclosing priceclosing 52 week high Closing transaction closing 52 week low Closing tick Closing Costs closing sale Closing range Closing Statement Closing Closing TRIN |
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