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Contract & Commercial Law vocabulary · Forming & Drafting Contracts

Execute

Meaning in contract & commercial law, with examples

/ˈeksɪkjuːt/verbCommon term

In contract & commercial law, execute means: To sign a contract or legal document and complete any other formalities so that it becomes legally effective.

In Turkish: imzalamak, akdetmek, imzalayarak yürürlüğe koymak

How it is used

Very common in formal legal English: 'executed by the parties on the date below', 'duly executed', 'execution version' (the final text ready for signature). It can also mean carrying out work under a contract, as in 'execution of the works'.

Example sentences

  1. The agreement was executed in Istanbul on 14 March.

  2. Please send us the execution version so that our CEO can sign it.

Common collocations

  • duly executed
  • execute an agreement
  • execution version
  • date of execution
  • counterpartOne of several identical copies of a contract, each signed by one or more of the parties, which together form a single agreement.
  • contractA legally binding agreement between two or more parties in which each side promises to do, or not to do, certain things.
  • bindingHaving legal force, so that the parties must do what they have agreed and can be held responsible if they do not.
  • draftTo write the text of a contract or legal document carefully; as a noun, a version of a document that is not yet final.

More terms: Forming & Drafting Contracts

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This page explains English vocabulary for learners. It is not legal advice.