contract is executed

USAGE SUMMARY

The phrase "contract is executed" is correct and usable in written English.
It is typically used in legal contexts to indicate that a contract has been signed and is now in effect. Example: "Once both parties have signed the agreement, the contract is executed and becomes legally binding."

✓ Grammatically correct

Academia

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

10 human-written examples

§ 983.204 When HAP contract is executed.

Cornell University

Suppose a contract is executed in due form and in writing to deliver a lecture, mentioning no time.

Harvard University

with respect to a contract that the Commission determines is a significant price discovery contract, any electronic trading facility on which the contract is executed or traded.

Cornell University

The vendor of such things loses all dominion over them when once the contract is executed and the purchaser may deal with the thing which he has purchased as he chooses.

Harvard University

Because creditor beneficiary cases only involve situations where a pre-existing duty or liability is contractually transferred to a new party, there is never any question that the third-party beneficiary's rights vest as soon as the contract is executed.

Harvard University

Founders can accept those investments, and a contract is executed once funds are debited.

TechCrunch

Human-verified similar examples from authoritative sources

Similar Expressions

50 human-written examples

This contract was executed October 3, 1884.

Cornell University

Although the contract speaks for itself, there were several negotiations between the plaintiffs and defendant before the contract was executed.

Harvard University

However, a claim of unconscionability cannot be determined merely by examining the face of the contract; there must be an inquiry into the circumstances under which the contract was executed, and the contract's purpose, and effect.

Harvard University

The work was begun, with the verbal understanding that the written contract should be executed, and it went on till that contract was executed, and then under the contract till the Visschers completed it to Lafayette, over the right of way or line described in the deeds therefor, and the company accepted it as done according to the contract, about May 3 , 1871

Cornell University

In any Y2K action in which a contract to which paragraph (1) applies is silent as to a particular issue, the interpretation of the contract as to that issue shall be determined by applicable law in effect at the time the contract was executed.

Cornell University

Expert writing Tips

Best practice

When using "contract is executed", ensure that both parties have fully agreed to and signed the agreement, making it legally binding. Provide the date of execution for clarity.

Common error

Avoid using "contract is executed" to describe the ongoing fulfillment of contractual obligations. Execution refers to the moment the contract becomes legally binding, while performance refers to the actions taken to fulfill the contract's terms.

Linguistic Context

The phrase "contract is executed" functions as a passive construction indicating the completion of the formal signing and validation process of a contract. As Ludwig AI explains, this signifies that the contract has become legally binding. The phrase describes a state of the contract rather than an action.

Expression frequency: Very common

Frequent in

Academia

32%

News & Media

46%

Formal & Business

12%

Less common in

Wiki

6%

Science

3%

Encyclopedias

1%

Ludwig's WRAP-UP

In summary, the phrase "contract is executed" signifies that a contract has been formally signed and has become legally binding. Ludwig AI analysis confirms this is a grammatically correct and frequently used phrase across academia, news, and business contexts. While variations like "contract is signed" or "contract is finalized" exist, it's crucial to differentiate execution (the formal signing) from performance (fulfilling contractual obligations). As this is a professional term, its formality makes it less suited for everyday informal conversations.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

contract is signed

Focuses on the act of signing the contract as the defining moment of its execution.

contract is finalized

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

contract is in effect

Highlights the contract's active and binding status after execution.

contract is implemented

Focuses on the practical application and commencement of the contract's terms.

contract is valid

Emphasizes the legal soundness and enforceability of the contract.

contract is enforced

Highlights the active application of the contract, especially when legal issues are involved.

contract takes effect

Similar to "contract is in effect" but focuses on the starting point of its effectiveness.

contract comes into force

A more formal way of saying "contract is in effect", often used in legal documents.

contract is operative

Focuses on the contract's ability to operate or function as intended.

contract is concluded

Emphasizes the end of the negotiation and formalization process.

FAQs

What does it mean when a contract "is executed"?

When a "contract is executed", it means that all parties involved have signed the agreement, signifying their consent and making the contract legally binding and effective.

What is the difference between a contract being "executed" and "performed"?

A contract "is executed" when it's signed and becomes legally binding. Performance, on the other hand, refers to the actual fulfillment of the obligations outlined in the contract.

What can I say instead of "contract is executed"?

You can use alternatives like "contract is signed", "contract is finalized", or "contract is in effect" depending on the specific context.

When does a third-party beneficiary's rights vest in relation to when the contract "is executed"?

In creditor beneficiary cases, a third-party beneficiary's rights typically vest as soon as the "contract is executed", since the contract involves transferring a pre-existing duty to a new party.