Meaning of the word "home stretch" in English

What does "home stretch" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

home stretch

US /ˌhoʊm ˈstretʃ/
UK /ˌhəʊm ˈstretʃ/

Noun

the final part of an activity or process

Example:
We're on the home stretch now, just a few more days until the project is finished.
After hours of hiking, we were finally on the home stretch to the summit.