Executed Contract
/ɪɡˈzɛk.juː.tɪd ˈkɒn.trækt/
Definitions
- (n.) A contract that has been fully performed by all parties or formally signed, making it legally binding.
The executed contract was submitted as evidence of the agreement between the parties.
Forms
- executed contracts
Related terms
See also
Commentary
The term distinguishes fully completed or formally signed contracts from executory contracts, which are yet to be performed.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.