Closed - Law Dictionary Search Results
Home Dictionary Name: closedclose
close closed clos·ing vt 1 : to bring to an end or to a state of completion [closed the case] [ an estate by liquidating its assets] [closing his account] 2 : to conclude discussion or negotiation about ;also : to bring to completion by performing something previously agreed [closing a merger] [ the property sale] vi 1 : to enter into or complete an agreement (as for the sale of real estate) [they closed on the house] 2 : to come to an end or to a state of completion [after the class closes, the trust shall continue…until the death of the last surviving member of the class "Louisiana Revised Statutes"] n : an enclosed area [break another's ] ...
closing argument
closing argument : the final address to the jury by the attorney for each side of a case in which the attorney usually summarizes the evidence and his or her client's position called also closing statement final argument summation summing-up NOTE: Rule 29.1 of the Federal Rules of Criminal Procedure requires the prosecution to open the closing argument after the closing of the evidence. The defense replies, and the prosecution may offer a rebuttal. ...
closing costs
closing costs fees for final property transfer not included in the price of the property. Typical closing costs include charges for the mortgage loan such as origination fees, discount points, appraisal fee, survey, title insurance, legal fees, real estate professional fees, prepayment of taxes and insurance, and real estate transfer taxes. A common estimate of a Buyer's closing costs is 2 to 4 percent of the purchase price of the home. A common estimate for Seller's closing costs is 3 to 9 percent. Source: U.S. Department of Housing and Urban Development ...
closing
final or ending terminal as the closing stages of the election the closing weeks of the year the closing scene of the film closing remarks Opposite of opening...
closing
closing : the fulfillment or performance of a contract esp. for the sale of real estate ;also : a meeting at which the closing of a contract takes place [represented us at the ] NOTE: At the closing for the completion of the sale of real property, the purchase price is paid and title is transferred to the purchaser or mortgagor. ...
close set
arranged close together as close set eyes close set teeth...
Close rolls and writs
Close rolls and writs, royal letters, under the Great Seal, addressed to particular persons for particular purposes, which, because they are not intended for public inspection, are closed and sealed, and recorded in the close rolls; hence their name, 2 Bl. Com. 346....
Closed
Closed, It is true courts have condemned the practice of executing courts using expressions like 'closed', 'closed for statistical purposes', 'struck off', 'recorded' etc., and they also pointed out that there was no provision in the Code of Civil Procedure for making such orders, Pentapati China Venkanna v. P. Bangararaju, (1964) 6 SCR 251: AIR 1964 SC 1454 (1457). [Civil PC (5 of 1908), s. 48]...
closed shop
closed shop : a business in which the employer by agreement hires and retains only union members see also Labor Management Relations Act in the Important Laws section compare open shop, union shop NOTE: Closed shops are illegal under the Labor Management Relations Act. ...
closely held corporation
closely held corporation : close corporation at corporation ...
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