CLOSES DEAL Meaning and
Definition
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The phrase "closes deal" is a colloquial expression primarily used in the realm of business and sales. It refers to the successful completion or finalization of a transaction, usually involving the purchase or sale of a product, service, or a business transaction. In simple terms, it signifies the moment when an agreement or negotiation is concluded, resulting in a concrete commitment from both parties involved.
The act of closing a deal often involves a series of specific actions, such as signing contracts, exchanging funds, or delivering goods or services. It may also involve finalizing the terms, conditions, and pricing details of the transaction. Successfully closing a deal often requires effective communication, persuasion, and negotiation skills, as the aim is to convince the other party to commit to the agreed-upon terms.
The accomplishment of closing a deal is usually seen as a significant milestone in the sales process, as it indicates that all necessary steps and agreements have been completed, and both parties are satisfied. It demonstrates a successful outcome, marking the point at which a potential customer becomes an actual customer or a business transaction is successfully concluded.
Overall, "closes deal" refers to the act of bringing a business or sales agreement to a final and conclusive end, resulting in mutual commitment between parties involved, and thus, is an essential and coveted skill for professionals operating in the sales and business domain.
Common Misspellings for CLOSES DEAL
- close deal
- closs deal
- closse deal
- closed deal
- cloes deal
- xloses deal
- vloses deal
- floses deal
- dloses deal
- ckoses deal
- cposes deal
- cooses deal
- clises deal
- clkses deal
- cllses deal
- clpses deal
- cl0ses deal
- cl9ses deal
- cloaes deal
- clozes deal
Etymology of CLOSES DEAL
The phrase "closes deal" is not a single word, but a combination of two words: "closes" and "deal".
1. "Closes": The word "closes" is derived from the Old English word "clōsian", which means to shut or close. It has roots in various Germanic languages, such as German "schließen" and Dutch "sluiten". Over time, it evolved in Middle English to "close", maintaining the same meaning of bringing to an end or shutting something.
2. "Deal": The word "deal" has a complex etymology. It originated from the Old English word "dǣl" or "dǣlan", meaning division or portion. It is related to the Old High German word "teil", Dutch word "deel", and Old Norse word "dǣl".
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