Your guess is correct! "Resolution"; the story already ended, no more tension or anxiety about what will happen; the afterwards will not be told in detail, but with the resolution the audience can envision how the future will be, now that things are resolved.
The stages of a story are: 1.Exposition: when the author sets the story up; 2. Rising action: conflicts start to build; 3.Climax: turning point; 4.Falling action: things start to calm down and work out; 5.Resolution: Conflict has been resolved and the future begins.