Meaning & use

execution of contract

phrase·Advancedlegalbusinessformal

Last updated

UK/ˌeksɪˈkjuːʃən əv ˈkɒntrækt/
US/ˌeksɪˈkjuːʃən əv ˈkɑːntrækt/

Meanings

  1. phrasefixed phraselegalbusinessformal

    The act of formally completing a contract by signing it and, if required, delivering it, so that it becomes legally valid.

    Grammar: Used as a noun phrase; often appears after 'the' or a preposition like 'upon' or 'after'.

    Patterns

    • execution of contract
    • upon execution of the contract
    • after execution of the contract

    The parties agreed that payment is due upon execution of contract.

    The lawyer explained that execution of contract requires both signatures and a witness.

    After execution of contract, the buyer received the keys to the property.

  2. phrasefixed phraselegalbusinessformal

    The carrying out of the duties and terms set out in a contract, especially when one party performs its obligations.

    Grammar: Refers to the performance stage, not just the signing; often used with verbs like 'ensure' or 'complete'.

    Patterns

    • execution of the contract
    • ensure execution of contract
    • complete execution of contract

    The builder was responsible for the proper execution of contract, including all repairs.

    Disputes arose over the execution of contract after the deadline passed.

    The court found that execution of contract had been delayed without good reason.

Common combinations

upon execution of contract
The deposit is payable upon execution of contract.
execution of the contract
Both sides must follow the terms after execution of the contract.
date of execution of contract
The date of execution of contract was recorded as May 1st.
execution of contract by signature
Execution of contract by signature is the usual method.
formal execution of contract
A formal execution of contract took place at the lawyer's office.

Synonyms and how they differ

signing
More informal and focuses only on the act of writing a signature, not the full legal completion process.
closing
Common in real estate and business deals; it includes signing but also the final exchange of money and documents.
performance
In contract law, this means carrying out the promised duties, not the act of making the contract valid.

Opposites

breach of contracttermination of contract

Word family

execute verb
To sign and complete a contract or legal document.
executed adjective
Describing a contract that has been formally completed and signed.
executory adjective
Legal term for a contract that has not yet been fully performed.

Commonly confused: execution of contract or execution (as in killing)? execution of contract or enforcement of contract?

execution of contract vs execution (as in killing)

In everyday English, 'execution' often means killing someone as a punishment. In legal and business contexts, it means completing a contract or legal document.

execution of contract vs enforcement of contract

Enforcement means making someone obey a contract, often through court action. Execution is the initial act of making the contract valid.

Practice

The payment is due upon ______ of contract.

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