82ad790e_and_Merchant_Services_Glossary__Definition
[Term] Close Batch [Definition] 
The end-of-day or end-of-shift process in which the merchant balances and submits transactions for clearing and settlement. This process occurs on a terminal-based capture system. On a host-based capture system, the host automatically generates the process at a predetermined time of day.
Credit Card Processing and Merchant Services Glossary
Definition