Conclusion
Final Result, The End, Punch Line, Slip, Omission, Outcome
noun
When you're talking or writing a paper, the part that falls at the end is the conclusion.
Since this word consists of a kanji with hiragana attached, you can bet that it will use the kun'yomi reading. You learned this reading already so you should be able to read it!
落ちが分かる
to understand the punch line
落ちがない
there is no punch line
落ちがある
there is a punch line
落ちのある話が好きなんです。
I like a story with a conclusion.
そういう落ちだったのね。
That was the outcome, huh?
あいつの話には落ちが無いんだよな。
His speech didn't have much of a conclusion.