Meaning : The finest or most superior quality of its kind.
Example :
The ultimate in luxury.
Meaning : Furthest or highest in degree or order. Utmost or extreme.
Example :
The ultimate achievement.
The ultimate question.
Man's ultimate destiny.
The ultimate insult.
One's ultimate goal in life.
Closest in degree or order (space or time) especially in a chain of causes and effects.
News of his proximate arrival.Meaning : Being the last or concluding element of a series.
Example :
The ultimate sonata of that opus.
A distinction between the verb and noun senses of `conflict' is that in the verb the stress is on the ultimate (or last) syllable.