What is the word for finishing a contract?
Asked by: Maynard Barton | Last update: June 18, 2025Score: 4.1/5 (15 votes)
In the real world, you're more likely to see the word termination used when a contract, program, or job comes to an end, unexpectedly or as planned.
What is the term for completing a contract?
The execution date (when the contract is signed) often coincides with the completion of all obligations. The effective date, the point when the contract's terms start applying, usually precedes completion.
What do you call the end of a contract?
Contract termination is the process of ending a contract before the obligations within it have been fulfilled by all parties. This means that one or more parties have made the decision to conclude the contract earlier than they had originally agreed when drafting and signing it.
What is it called when you complete a contract?
The executed agreement creates a contractual relationship between two or more parties and each must now fulfill the legal obligations they agreed upon in the written agreement. Others may use the term “executed contract” to refer to one that has not only been signed, but has also been completed.
What is contract finishing?
What is Contract Finishing? Contract finishing is an enterprise where two or more parties share the risks, rewards and responsibilities of producing market hogs. For this discussion we refer to the two parties as the “grower” and the “contractor”.
Contract Law in 2 Minutes
How do you say contract is finished?
- Be direct yet polite. ...
- Thank them for their prior work and collaboration. ...
- Explain the business reasons behind the decision without blame or accusation. ...
- Follow any notification timeline or requirements outlined in the original contract.
What is it called when you finalize a contract?
Contract execution is the process of all necessary parties signing a finalized agreement. Once signed, the contract is fully executed and enforceable and all parties are obligated to carry out the terms agreed to in the contract.
What is a synonym for the word ending a contract?
a coming to an end of a contract period. synonyms: expiration, expiry. end, ending.
What is the legal term for fulfilling a contract?
satisfaction. Satisfaction is the fulfillment of an obligation . The term is often used in the context of contract law when one performs their duties under the contract. The term is also often found in the context of judgments in determining whether a party discharged their liability from a judgment.
What is the completion of a contract?
Contract Completion means the moment when a project manager verifies in writing that the contract has been fulfilled as stipulated and the other party is absolved from any further responsibilities. All due payments should be approved for disbursement at this point.
What is the professional way of saying contract ended?
When a contract ends because all of the parties to the agreement have performed or completed all of their contractually stipulated duties and obligations as negotiated, it is usually said that the contract has been discharged.
What is the final version of a contract called?
Related Content. The final version of a legal document (such as a contract or deed) that will be executed by the parties to it. Traditionally, the engrossments of a document are printed on good quality paper and, in some instances, bound. Also sometimes referred to as execution copies.
What is the term for end of agreement?
The "Term of Agreement and Termination" clause outlines the duration for which the contract remains in effect and specifies the conditions under which either party can terminate the agreement. It typically includes details on the start and end dates, renewal options, and any notice requirements for termination.
What is a synonym for fulfill a contract?
Some common synonyms of fulfill are accomplish, achieve, discharge, effect, execute, and perform.
What is a synonym for complete agreement?
Compatible or like-minded on an issue or decision. unanimous. harmonious. compatible. congenial.
What is the legal term completion?
1) to finish, complete or perform as required, as in fulfilling one's obligations under a contract or a court order. 2) to sign and otherwise complete a document, such as acknowledging the signature if required to make the document valid.
What is it called when a contract is completed?
Once all parties have fulfilled their obligations, the contract is considered executed. This means that the terms of the contract have been completed and the parties are no longer obligated to each other.”
What are the most common legal terms?
- Action, Case, Suit. A legal dispute brought into court for a hearing or trial.
- Answer. ...
- Acquit. ...
- Cause of Action. ...
- Challenge for Cause. ...
- Closing Argument. ...
- Complaint. ...
- Counterclaim.
What is a synonym for uphold agreement?
advocate confirm defend encourage endorse hold to justify promote side with stand by vindicate.
What is the legal term for ending a contract?
Contract termination is when one party wishes to end the contract before the other party can fulfil the agreement. A simple example would be when a client terminates the services contract with a law firm in line with the termination agreement in the terms and conditions.
How do you say contract is ending?
Directly state your purpose for writing in the first paragraph of your letter. While maintaining a respectful tone, succinctly state why you've chosen to terminate the contract. In addition, specify the date you intend to officially end your working relationship.
What is another word for final or end?
Some common synonyms of final are last, terminal, and ultimate.
What is the completion of the contract?
Contract Completion means when the entire Work has been performed to the requirements of the Contract Documents.
What is the agreement to end a contract?
A deed of termination for parties who want to end a contract by consent. It provides options for dealing with the parties' rights and liabilities under the terminated contract.
What is a synonym for finalize a contract?
seal a contract. validate a pact. verify a transaction. bring to a close a pact. close a accord.