Completion

Business, Legal & Accounting Glossary

Definition: Completion




Full Definition of Completion


This is the last stage in the purchase of a property. The legal documentation is finalised and the lender has sent the mortgage funds to the purchaser’s solicitor.

Once the purchaser’s solicitor forwards the funds to the seller’s solicitor the property is now owned by the Purchaser.


Cite Term


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Page URL
https://payrollheaven.com/define/completion/
Modern Language Association (MLA):
Completion. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 28, 2021 https://payrollheaven.com/define/completion/.
Chicago Manual of Style (CMS):
Completion. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/completion/ (accessed: September 28, 2021).
American Psychological Association (APA):
Completion. PayrollHeaven.com. Retrieved September 28, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/completion/

Definition Sources


Definitions for Completion are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February, 2020 | 11 Views.