Meaning
The concluding summary or final phase of a meeting, discussion, or project where key decisions and next steps are solidified.
Three examples from work
Meeting conclusion
PMWe have five minutes left; let's do a quick wrap-up of our action items.
DevI will open the architecture PR by Thursday, and QA will review test coverage.
Project milestone
DirectorThank you everyone for attending the Q3 project wrap-up session.
LeadWe delivered all planned core modules with zero critical production bugs.
Client call
Account LeadTo wrap up our discussion, we will deliver the revised statement of work by Monday.
ClientSounds great; looking forward to reviewing it.
Can be a noun ('a quick wrap-up') or phrasal verb ('let's wrap up'). Essential meeting habit to ensure no action items are forgotten.