Meaning & use

pre-close

adjective, verb·Advancedbusinessfinance

Last updated

UK/ˌpriːˈkləʊz/
US/ˌpriːˈkloʊz/

Meanings

  1. adjectivebefore a nounbusinessfinance

    Happening or done just before a deal, sale, or accounting period is officially closed.

    Grammar: Comes before a noun: a pre-close meeting, pre-close checks.

    Patterns

    • pre-close meeting
    • pre-close briefing
    • pre-close trading update

    The finance team held a pre-close meeting to review the quarter's numbers.

    Investors received a pre-close trading update before the results were published.

    She sent a pre-close checklist to everyone involved in the sale.

  2. verbtransitivebusinessfinance

    To close something, such as a deal or account, before the official closing time or date.

    Grammar: Takes an object: pre-close the account.

    Patterns

    • pre-close something
    • pre-close a deal
    • pre-close an account

    We can pre-close the deal on Friday if all the paperwork is ready.

    The bank agreed to pre-close the account before the end of the month.

Common combinations

pre-close meeting
The pre-close meeting lasted two hours.
pre-close trading update
The company issued a pre-close trading update to the stock exchange.
pre-close briefing
Analysts attended a pre-close briefing with the management team.
pre-close checklist
Use the pre-close checklist to make sure nothing is missed.

Synonyms and how they differ

pre-closing
More common and often used in the same business contexts; pre-close is a shorter, less formal variant.

Word family

close verb
To finish or shut something.
closing noun
The act of finishing or shutting something.

Commonly confused: pre-close or pre-closing?

pre-close vs pre-closing

Both mean 'before closing', but pre-closing is more frequent and can also be a noun.

Practice

The company released a ______ trading update before the official results.

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