Kinds of meat - Synonyms and other related words in the Thesaurus and the British English Dictionary - Cambridge Dictionary Cambridge dictionaries logo. Cambridge Dictionary.
In many traditions and statutes of civil or religious law, the consummation of a marriage, often called simply consummation, is the first (or first officially credited) act of sexual intercourse between two people, either following their marriage to each other or after a prolonged sexual attraction.
This may cause issues in the settlement industry as consummation and closing mean different things in different places. Consummation is not same as closing or settlement. Consummation is the date that a consumer becomes contractually obligated to the creditor on the loan (i.e., the day they sign the note). This is not when the consumer becomes contractually obligated to a seller on a real estate transaction.