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closing costs

American  

plural noun

Personal Finance.
  1. fees charged to a purchaser by a bank, lawyer, etc. for services related to a sale, as title search, appraisal, etc.

  2. any expenses over the purchase price of a house, land, etc., that is paid by the purchaser or seller at the completion of the sale.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

“Enjoy limited-time incentives like paid closing costs and exceptional financing options!”

From Slate • Apr. 20, 2026

Incentives can range from offering mortgage-rate buydowns to free closing costs, or free upgrades on appliances.

From MarketWatch • Feb. 2, 2026

The couple had been hoping winnings from the bet would help with closing costs for the apartment they were buying at the time.

From The Wall Street Journal • Feb. 1, 2026

Banks use asset-depletion underwriting for retirees: They total your liquid assets, subtract your down-payment and closing costs, divide by 360 months, and add that to your monthly income.

From MarketWatch • Nov. 24, 2025

There were no closing costs or other fees.

From "Drama High" by Michael Sokolove