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Shops used to count up their takings and balance their books before closing up for business in the evening (at the end of the working day). Thus at this point all issues and discrepancies needed to be resolved.

Thus the expression "at the end of the day" is an expression meaning "at the point of reckoning" or "when time runs out and things draw to a conclusion".

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Q: What is meant by the end of the day?
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