Close on (phrasal verb):
1. To approach or come near to a target, goal, or objective, typically with the intention of completing a transaction or deal. This term is often used in the context of business negotiations, investments, or real estate transactions.
2. To finalize or conclude a deal, agreement, or contract, especially after a process of negotiation or due diligence. It implies that the parties involved are in the final stages of reaching an agreement and are just a step away from completing the transaction.
3. In the context of time, to be near or approaching a specific point or event, such as the end of a project, a deadline, or the completion of a task. It suggests that the mentioned timeframe or event is imminent or nearly achieved.
4. To gain a better understanding or insight into something through careful observation or investigation. This can involve analyzing details, researching and gathering information, or deciphering complex concepts to arrive at a comprehensive understanding.
The term "close on" is commonly used in professional, business, and financial situations where the focus is on reaching a specific outcome, finalizing a deal, or achieving a particular phase in a process. It indicates a state of being near or on the verge of completion, either in terms of physical proximity, time, or understanding.
