This is the closing of a chapter that is long overdue. Money for new spending will come from the closing of tax loopholes. The arguments made at a trial's closing must be tied to the evidence developed during the trial.
1. The end or conclusion: the closing of a debate. 2. A meeting for completing a transaction, especially one at which contracts are signed transferring ownership of real estate.
The closing part of an activity or period of time is the final part of it. He entered RAF service in the closing stages of the war. They almost won the match in the closing minutes. In his closing statement, he said that he was very proud of his work.
to reduce the price of (merchandise) for quick sale: That store is closing out its stock of men's clothing. to liquidate or dispose of finally and completely: They closed out their interests after many years in this city.
Pertaining to the finish or ending of a series of events; occurring at the end or after all others. I'd like to add some closing words. The closing scene of Miller's "Death of a Salesman" cannot but evoke a feeling of deep pathos.