close the books

Idioms and Phrases

Stop financial transactions; end a matter. For example, The entire estate went at the auction, so we can close the books on it , or He was glad to close the books on this case .

Example Sentences

Well, Speaker Mike Johnson is still trying to close the books on the same spending fight—where to set fiscal year 2024 funding levels—that got McCarthy turfed.

From Slate

It is scheduled to close the books and price the offering on Sept. 13.

From Reuters

“What I’m looking for is to see whether we’ve really turned a corner. We won’t know until we close the books in the fall.”

From Seattle Times

As U.S. banks prepare to close the books on a tumultuous quarter, analysts say trading revenue and deposits are among the key numbers to watch when lenders report earnings in mid-April.

From Reuters

Brnovich never broadcast the full findings, declining to close the books on suspicions raised by an interim report with characterizations directly rebutted by his own office.

From Washington Post

Related Words

• sell out