← All legal topics

The legal mechanics

Completion mechanics

Locked box vs completion accounts — how the final price actually gets set.

Step 1 of 6

Meet the concept

The price agreed on paper at signing often isn't the exact price paid at completion — there are two common ways deals actually settle on the final number.

This is a simplified illustration of how completion pricing mechanisms typically work, not legal advice or a description of any specific transaction. For real examples, read the daily issues.