{"iri":"https://lexicon.financial/ext/uscode/us/usc/t26/s1234/b/2/A","label":"closing transaction","definition":"The term “closing transaction” means any termination of the taxpayer’s obligation under an option in property other than through the exercise or lapse of the option.","license":"https://www.usa.gov/government-copyright","source":"tax","source_url":"https://uscode.house.gov/browse/prelim@title26"}