PhrasesHub

Close the deal

    Definitions

      • finalize a business transaction or agreement
        To successfully complete a business deal or negotiation, typically resulting in a mutually beneficial outcome for both parties involved

      • persuade or convince someone to agree to something
        To use one's persuasive skills or tactics in order to secure a positive outcome in a business deal or agreement

      • successfully accomplish a goal or task
        To achieve a desired outcome or goal, often in a competitive or challenging situation

    Examples of Close the deal

    • The sales team has been working tirelessly to close the deal with the potential client. They have presented their proposal, addressed all the client's concerns, and are now waiting for the final decision.

      "Close the deal" is a business-related idiom that refers to finalizing a negotiation or agreement. It implies that all parties involved have come to a mutual understanding and have agreed to move forward with the transaction. In this example, the sales team has put in a lot of effort to convince the potential client to sign the deal. They have presented their proposal, addressed any concerns the client may have had, and are now waiting for the client's final decision. This idiom is commonly used in the business world to indicate that a sale or agreement is near completion.

    • The CEO announced that they have finally closed the deal with the biggest competitor in the industry. This acquisition will significantly increase our market share and strengthen our position in the industry.

      In this example, "close the deal" is used to indicate that a significant business transaction has been completed. The CEO's announcement that they have closed the deal with the biggest competitor in the industry is a major development for the company. This acquisition will increase the company's market share and improve its position in the industry. The use of this idiom highlights the importance of this transaction and the significance of its completion.

    • The negotiator was able to close the deal by offering a better price to the supplier.

      In this example, "close the deal" is used to indicate that a negotiation has been successfully completed. The negotiator was able to secure a better price from the supplier by making a compelling offer. This idiom is commonly used in business negotiations to indicate that both parties have reached a mutually beneficial agreement.

    • The politician promised to close the deal on healthcare reform during his campaign.

      In this example, "close the deal" is used to indicate that a political issue or initiative is near completion. The politician's promise to close the deal on healthcare reform during his campaign implies that he will work to finalize the reform and pass it into law. This idiom is commonly used in politics to indicate that a significant issue or initiative is near completion.

    • The actor finally closed the deal for his next movie role.

      In this example, "close the deal" is used to indicate that a negotiation has been successfully completed in the entertainment industry. The actor was able to secure the role in his next movie by making a compelling case to the producers. This idiom is commonly used in the entertainment industry to indicate that a performer has been successfully cast in a new project.


    Conclusion

    The idiom "close the deal" is commonly used in business and negotiations to refer to the successful completion of a transaction or agreement. It can also be used in a broader sense to describe the achievement of a goal or task, often in a competitive or challenging context. Additionally, "close the deal" can also be used to describe the act of persuading or convincing someone to agree to something, especially in a business setting.

    Origin of "Close the deal"

    The origin of the idiom "close the deal" is believed to come from the world of sales and business negotiations. In this context, "closing a deal" refers to the final step in a negotiation where all parties involved agree to the terms and conditions of a transaction or agreement. It is seen as the ultimate goal and a sign of success in the business world.

    The phrase itself is thought to have originated in the mid-20th century, with the word "close" being used to mean "to complete" or "to finalize." It is often associated with the fast-paced and competitive nature of sales and business, where sealing the deal quickly and effectively is crucial.

    Over time, the idiom has become more widely used in everyday language and is no longer limited to just business settings. It can now be used in a variety of contexts to refer to successfully completing a task or achieving a goal.