close verb - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “close”

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close

verb
 
 
/kləʊz/
[I or T] if a shop, restaurant, or public place closes or someone closes it, it stops being open for business at the end of the day, week, etc.: The store closes at 5.30.close (sth) to sb The banks had closed to customers so I couldn't pay the money in. We usually close the bar around midnight.
[I or T] if a business closes or is closed, it stops operating permanently: The factory closed with the loss of 250 jobs. The organization will be forced to let staff go and close many of its offices.
[I] FINANCE, STOCK MARKET if a market, currency, share, etc. closes, it stops trading or being traded at the end of the working day: The company released its statement after the market closed on Friday.close up/down The Dow Jones closed up 94.90 at 10,623.60.close at sth The pound closed at $1.47, down from $1.49 yesterday.
[I or T] to finish, or to make something end: At 11.45 the Chair closed the meeting.close (sth) with sth She closed with a few remarks about the future.
[I or T often passive] if something closes or is closed, there is no longer an opportunity to become involved because a particular date has been reached: Applications for the post close on Wednesday 14 September. Booking for the course is now closed.
[I or T] IT if a computer program or a window on a computer screen closes, or if you close it, it stops operating because you tell it to: Click on the 'X' to close the window and exit the application. This file won't close.
[T] BANKING to remove all the money from a bank account and stop using it permanently: I closed that account when I moved to the UK.
close a deal to complete a successful business arrangement with someone: The company plans to sell its generic drug unit and expects to close the deal in late March.
(Definition of close verb from the Cambridge Business English Dictionary © Cambridge University Press)
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