statutory closing

USAGE SUMMARY

The phrase 'statutory closing' is correct and usable in written English.
It is typically used in contracts and other legal documents to refer to a clause that outlines the completion of a particular transaction, such as a contract or a merger. For example, "[Name] agrees to complete the merger on or before the statutory closing date of [date]."

✓ Grammatically correct

News & Media

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

There, a recent review recommended against statutory closing times.Yet the worriers have an example of their own.

The Economist

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

The move has raised concerns it will bring the authority, which was set up in 2011 in Melbourne as an independent statutory agency, closer to government and limit its independence.

The Guardian

One of the thousand cuts is a misguided Republican initiative that would reopen a dangerous statutory gap now closed by the law.

The New York Times

That leaves an important role for courts to engage in statutory construction, the close analysis used to decide what a statute means, to glean the purpose of a federal law and whether it pre-empts state law.

The New York Times

The safety net of direct enforceability would mean that where our legislators fail to foresee every eventuality, the courts could ensure no individual suffers while waiting for necessary statutory amendments to close the gaps.

The Guardian - Opinion

There would be no need for a public consultation before publishing statutory notices to close them.

BBC

Its cabinet will make a final decision after a statutory notice to close the school is issued in September.

BBC

The terms of the acquisition, which is expected to close later this year following statutory approvals, regulatory reviews and customary closing conditions, were not disclosed.

TechCrunch

It established that a statutory rape involving minors close to the age of consent and arising from sexual experimentation should attract a tariff less than that of what Mr Clarke would call "classic rape".

The Economist

Simply closing non-statutory services that provide support, activity and contact, like community support services or lunch clubs for the vulnerable, is likely to lead to an increase in demand for far more expensive care packages and hospitalisation.

The Guardian

Salmond said he believed Leveson's recommendations to have independent regulation underpinned by the law, as opposed to full statutory control, were very close to his proposals for a new Scottish regulatory body using the Irish model of an independent ombudsman.

The Guardian

Expert writing Tips

Best practice

Use "statutory closing" in formal contexts, particularly in legal documents, contracts, or official reports where precise language is essential.

Common error

Avoid using "statutory closing" in contexts where a general closing or completion is meant. This phrase specifically relates to closings mandated or governed by statute. Use a simpler term like "completion" or "closure" if no specific statute is involved.

Linguistic Context

The phrase "statutory closing" functions as a noun phrase, where "statutory" modifies "closing", indicating that the closing is mandated or defined by a statute. Ludwig AI confirms its usability in written English, typically in legal contexts.

Expression frequency: Rare

Frequent in

News & Media

33%

Science

33%

Formal & Business

33%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "statutory closing" is a noun phrase denoting a closing that is mandated or governed by a statute. Ludwig AI indicates that the phrase is correct and primarily used in legal or business contexts. While grammatically sound, its occurrence is relatively rare. When using this phrase, ensure clarity about the specific statute involved. Alternatives such as "legal completion" or "regulatory closure" may be suitable depending on the specific context. Due to its specific usage, it's best to avoid this phrase in general writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

legal completion

Replaces "statutory" with "legal", emphasizing the legal aspect of the completion.

regulatory closure

Focuses on the regulatory aspect instead of the law itself, and uses a synonym for "closing".

legislative termination

Substitutes both words with alternatives, highlighting the legislative aspect of ending something.

mandatory cessation

Replaces "statutory" with "mandatory" indicating a requirement by law, and "closing" with "cessation".

official shutdown

Emphasizes the official nature of the closing, suggesting it is sanctioned by an authority.

formal conclusion

Highlights the formality of the conclusion, implying adherence to regulations or procedures.

legal termination date

Specifies that this is a date by which a legal agreement is ended

prescribed discontinuation

Conveys a similar meaning using more formal and less common vocabulary.

required conclusion

Emphasizes the necessity of the closing based on some external requirement.

ruling termination

Specifies that the termination is the result of a ruling.

FAQs

How is "statutory closing" typically used in legal documents?

In legal documents, "statutory closing" refers to the completion of a transaction or process as required or governed by a specific statute or law. It's often associated with timelines or conditions that must be met for the closing to be valid.

What are some alternatives to using "statutory closing"?

Depending on the context, alternatives to "statutory closing" could include "legal completion", "regulatory closure", or "formal conclusion". The best choice depends on which aspect you want to emphasize.

Is "statutory closing" the same as a "legal closing"?

While similar, "statutory closing" specifically implies that the closing is mandated or governed by a particular statute, whereas a "legal closing" is a broader term referring to the completion of any legally binding agreement or process. Thus, "legal closing" is more general.

In what situations is it most appropriate to use the term "statutory closing"?

The term "statutory closing" is most appropriate when discussing legal or regulatory requirements related to the completion of a particular action, such as a real estate transaction, a business merger, or compliance with environmental regulations.