contract is established

USAGE SUMMARY

The phrase "contract is established" is correct and usable in written English.
It can be used in legal or business contexts to indicate that a formal agreement has been created and is now in effect. Example: "Once both parties have signed the agreement, the contract is established and binding."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

6 human-written examples

A contract is established when a bid is followed by three passes or by an opponent's double.

Encyclopedia Britannica

It may also enable collaboration between DVNSs hosted by different service providers in case a contract is established.

EURASIP Journal on Wireless Communications and Networking

In the lending business, a debt contract is established for those who receive financing (borrowers) and those who provide it (lenders), and the borrower promises to repay the principal plus the required interest in a stipulated amount of time.

Financial Innovation

When a counterparty defaults, a replacement contract is established and there is a probability that the cost of the replacement contract is significantly higher than that of the original one.

Mathematics-in-Industry Case Studies

In contrast, once a contract is established by specific intent, the law is willing, through any number of doctrines concerning both interpretation and gap-filling, to impute to the parties a general intent that their contracts contain optimal terms.

SEP

A contract is established when a patient pays the service fee and the doctor or hospital accepts it.

Critical Care

Human-verified similar examples from authoritative sources

Similar Expressions

54 human-written examples

Cheechoo said one of the first things he would like to do with his new contract is establish a hockey school in Moose Factory.

The New York Times

The taxes are retroactive to whenever the contract was established.

Forbes

Number of staff by grade, department and/or service unit, permanent or contract was established by visiting all department heads.

BMC Health Services Research

That is different with regard to meta-organizations where a whole network of contracts is established and the purpose of the meta-organization is specified in less detail than in an ordinary business contract.

Journal of Organization Design

Not one website pointed to the Donor Sibling Registry as a place to make mutual consent contact (unlike many egg clinics that now write the DSR into initial donor-recipient contracts so contact is established right from the get-go).

Huffington Post

Expert writing Tips

Best practice

When writing legal documents, ensure that the moment a "contract is established" is clearly defined and documented, as this marks the point at which obligations and liabilities begin.

Common error

Do not assume that initial talks or draft agreements mean a "contract is established". A contract is only fully established when all parties have explicitly agreed to the terms and fulfilled all legal requirements, such as signing the document.

Linguistic Context

The phrase "contract is established" functions as a declarative statement, indicating that a contractual agreement has been successfully formed and is now in effect. Ludwig provides examples from various contexts, showcasing its common usage in both formal and informal settings.

Expression frequency: Uncommon

Frequent in

Science

50%

News & Media

33%

Formal & Business

17%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "contract is established" is a grammatically sound and relatively common expression used to indicate the formation of a binding agreement. Ludwig AI confirms its correctness and applicability in various contexts, primarily in science, news, and formal business settings. While synonyms exist, such as "contract takes effect" or "agreement is finalized", the original phrase maintains a clear and direct communicative function. When using this phrase, it's important to ensure that all legal requirements for establishing a contract have been met to avoid potential disputes. Ludwig's analysis highlights its versatility and accuracy in conveying the creation of a contractual agreement.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

contract comes into effect

Focuses on the activation or start of the contract's binding power.

contract takes effect

Similar to "comes into effect", emphasizing the contract's operational status.

contract is in force

Highlights the current validity and enforceability of the agreement.

contract is executed

Emphasizes the completion of the necessary steps for the contract to be valid.

agreement is finalized

Shifts focus to the agreement aspect, emphasizing completion of negotiations.

agreement is concluded

Similar to "finalized", but suggests a more formal completion.

terms are agreed upon

Highlights the consensus reached regarding the terms of the agreement.

deal is sealed

An idiomatic expression suggesting a firm and unchangeable agreement.

pact is formed

Uses "pact" as a synonym for contract, stressing the act of creation.

understanding is reached

Emphasizes the mutual understanding and agreement between parties.

FAQs

When is a contract considered "established"?

A contract is considered "established" when there is a clear offer, acceptance, and consideration between the parties, and all legal requirements are met. This often involves signatures or other forms of explicit agreement.

What are synonyms for saying a "contract is established"?

Alternatives to "contract is established" include "contract takes effect", "contract is in force", or "agreement is finalized", each emphasizing slightly different aspects of the agreement's validity.

How does the moment a "contract is established" affect legal obligations?

The moment a "contract is established" is critical because it marks the point at which legal obligations begin. Before this point, parties may negotiate freely, but after, they are bound by the contract's terms.

What happens if the terms of a contract aren't clear when it's "established"?

If the terms of a contract are unclear when it's "established", it can lead to disputes and potential legal challenges. Courts may need to interpret the parties' intentions, which can be complex and uncertain.