1) A reference to the closing of a business deal, post-fact.
2) A misnomer in reference to the closure of a business deal. Often accompanied by a handshake and a) sans written contract, or b) with contract containing too many variables. Precedes checks bouncing, "personnel realignment," budget adjustments by the committee, re-proposals.
1) It's a done deal, and it went through last month.
2) It's a done deal, and it'll go through soon.