Price of the last transaction completed during a day's trading session on an organized securities exchange. For purposes of valuation of stock, as in the case of charitable contributions and estates, the closing quote is used.
| Business Dictionary: Closing Price or Closing Quote |
Price of the last transaction completed during a day's trading session on an organized securities exchange. For purposes of valuation of stock, as in the case of charitable contributions and estates, the closing quote is used.
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