completion statement Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “completion statement” in the English Dictionary

"completion statement" in Business English

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completion statementnoun [C]

uk   us   UK ( US closing statement)
PROPERTY a ​document showing the ​amount of ​money a ​buyer of a ​propertyowes the ​seller when the ​sale is complete: A few days before the ​completiondate, the ​buyer will receive a ​completionstatement showing the ​amount the buyer's ​solicitorneeds in ​order to complete the ​transaction.
(Definition of completion statement from the Cambridge Business English Dictionary © Cambridge University Press)
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