In plain English
It records the meter's ending figure when a period of use or occupancy finishes. That number marks where utility use stood at the close of that period.
In context
Here, it names the field for the final value shown on the utility meter at the end of the occupancy or use period.
- Situation
- Managing move-in, move-out, inventory, keys, deposits, and condition reports
- What it communicates
- names the field for the ending utility meter value.
Meaning limits
By itself, the term does not say anything more specific about timing than that the reading belongs to the end of the relevant period.
Examples
“At the end of the tenancy, the agent recorded the gas meter's closing reading beside the figure taken on move-in.”
“After checking the water meter, the caretaker entered 68421 under Closing reading on the handover form.”