What is the meaning of Consummation?

The act of consummating, or the state of being consummated; the state of being completed; completion.

The first act of sexual intercourse in a relationship, particularly the first such act following marriage.

The achievement of perfection.

Termination; the end (as of the world or of life); an end or resulting state.

The date at which the mortgagor becomes contractually obligated to the mortgagee in a real estate transaction.

Source: wiktionary.org