交易未能完成 meaning in English

transaction falls through

As the agreement was rescinded , it was pacific well s contention that the deposit of hk 20 million , which had been paid to chung to , should be treated as liquidated damages . during the period , pacific well had paid to chung to hk 20 million as deposit and hk 45 million in part payment of the purchase price
最后该宗交易未能完成，因此威港置业愿意承担未能完成交易之退买责任，期间威港置业亦已向中都国货支付二千万港元之买卖订金及四千五百万港元之分期买卖供款。