The final of a competition is the match or round in which the winner of the entire event is decided.
[1] In sports competitions following a knockout system, where only two individuals or teams compete in each match, the final is usually played between the winners of two semifinals.
However, if more than two entrants are required for each match, then qualification for the final may be through some other process such as winning heats.
Another game, or competition, between the two players who lost in the semifinals is done to determine who receives the bronze medal.
The NHL refers to its semifinal round as the Conference Finals, because there are two separate ones being contested.