Meaning & use
execute a contract
Last updated
Meanings
phraseidiomlegalbusiness
To sign a contract, making it officially valid and binding.
Grammar: Takes an object: execute a contract. Often used in the passive: the contract was executed.
Patterns
- execute a contract with someone
- the contract was executed by both parties
Both companies agreed to execute the contract before the end of the month.
The buyer and seller will execute the contract at the lawyer's office tomorrow.
Once you execute the contract, you are legally bound by its terms.
phraseidiomlegalbusiness
To carry out the actions required by a contract.
Grammar: Less common than the signing sense; usually clear from context.
Patterns
- execute a contract faithfully
- fail to execute a contract
The builder must execute the contract according to the agreed schedule.
If they fail to execute the contract, they may be sued for breach.
Common combinations
- execute a contract
- The parties will execute a contract next week.
- duly executed
- The deed was duly executed and filed with the court.
- execute an agreement
- They executed an agreement to share the profits.
- execute a document
- You need to execute the document in front of a witness.
Synonyms and how they differ
Word family
Commonly confused: execute a contract or enforce?
execute a contract vs enforce
To make people obey a contract; you execute (sign) a contract first, then you may enforce it.
Practice
What does 'execute a contract' mean in a business context?
Choose one answer.
'Execute a contract' means to sign it and make it official. Cancelling, writing, or breaking a contract are different actions.
Make it your own
Write a sentence using “execute a contract”, then check it and compare it with the examples above.