close the books

From Wiktionary, the free dictionary
Jump to navigation Jump to search

English

[edit]

Verb

[edit]

close the books (third-person singular simple present closes the books, present participle closing the books, simple past and past participle closed the books)

  1. (idiomatic, finance, accounting) To finalize the financial records for a specific accounting period; to cease trading.

Usage notes

[edit]