# Closing price (closing range; closing quotation, also just close; closing rate)

- Canonical URL: https://www.gerhardmerk.de/closing-price-closing-range-closing-quotation-also-just-close-closing-rate
- Post ID: 588707
- Modified: 2023-07-25T20:59:28+00:00
- Language: en

## Definition

Price range within the last two minutes of a trading session. - The last quoted price for a particular security during a trading session (the last price a security traded at the end of the trading day), as opposed to the open price. - According to IAS (21.7), the price quoted on the foreign exchange market at the time the balance sheet is prepared, or - where no exchange prices are available - exchange rate of a currency determined by other means. - On many exchanges, the official closing price is calculated from the average of the prices obtained within that period. - See gap, quotation, variable, reference price, estimated value, bar chart, end-of-day value. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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