Kursende

Kursende is a German compound noun used in several contexts with related but distinct meanings. Literally formed from kurs (course or price/level) and ende (end), it denotes the point at which a course terminates or a trading day ends.

In financial contexts, Kursende commonly refers to the end-of-day level of a security, currency, or commodity—the closing price or closing level at the close of the market. Usage varies: some data providers and media use Kursende to denote the final quote, while others prefer the term Schlusskurs. The exact method for determining Kursende can differ by exchange, including end-of-day last-trade prices, closing auctions, or synthetic closing values used for index calculations. Kursende figures are used for performance measurement, reporting, and settlement references.

In educational contexts, Kursende describes the end of a course or term, including the date of final assessments, issuance of certificates, and completion of requirements. The term is common in calendars and administrative documents in German-speaking education settings; regional preferences may favor Kursende or Kursabschluss.

Etymology traces Kursende to the combination of Kurs (course or price) and Ende (end). The precise meaning of Kursende is not fully standardized and is determined by the relevant institution or context. See also related terms such as Schlusskurs (closing price) in finance and Kursabschluss (course completion) in education.