What is the term for the ending of a story that pulls together all loose threads, also called the conclusion?

The term that refers to the ending of a story that pulls together all loose threads, often providing closure to the plot and resolving conflicts, is known as the resolution. In a narrative structure, the resolution follows the climax and falling action, offering a conclusion to the characters' journeys and the events that transpired. This part of the story ties up any remaining subplots and provides a satisfying ending for the audience, allowing them to understand the outcomes of various conflicts and character developments.

While "denouement" is closely related to the resolution, as it also involves the unfolding of events after the climax, the primary focus of the resolution is to provide a definite closing to the story. The falling action serves as a transitional phase leading to the resolution, and the climax is the peak of tension or turning point in the narrative. Thus, the resolution encompasses the final aspects that conclude the narrative arc effectively.