"Wrap up" is commonly used in informal contexts and is moderately utilized in more formal settings. In informal speech, it's often employed to indicate the completion of an activity or the ending of a discussion, such as when one might say, "Let’s wrap up the meeting." In more formal environments, it may still be appropriate, especially in business contexts, to similarly denote the conclusion of a task or project. "Wrap up" can also imply putting final touches on something, as when finishing preparations. Additionally, it carries a literal meaning of covering or enclosing something completely, as in "wrap up the gift." This phrasal verb is versatile and can be adapted to varied scenarios, making it a frequent choice when emphasizing the action of concluding or completing something comprehensively.
B1
PreIntermediate
1. To bring an activity or task to an end.
We need to wrap up this meeting before going to lunch.
Let's wrap up the project by the end of the week.
2. To summarize the main points of a discussion or speech.
She wrapped up her speech with a powerful closing statement.
The report wraps up all the key findings in the last chapter.
3. To dress warmly, especially with layers of clothing.
Make sure to wrap up before going out in this cold weather.