executed contracts
[ɪɡˈzɛkyətɪd ˈkɑːntræks]
nounpl: executed contracts
contratos executados
1. Contracts that have been signed by all parties and are legally binding and in effect; contracts where the terms have been fulfilled or are being performed
The executed contracts were filed with the legal department for record-keeping.
Os contratos executados foram arquivados no departamento jurídico para manutenção de registros.
2. In legal context, contracts that have been properly signed and delivered by all parties, making them valid and enforceable
Both parties must retain copies of executed contracts for a minimum of seven years.
Ambas as partes devem manter cópias dos contratos executados por no mínimo sete anos.
In both Brazilian and American business environments, executed contracts represent a critical milestone in transactions. In Brazil, there is particular emphasis on maintaining organized archives of executed contracts due to tax and labor law requirements. In the USA, executed contracts are essential for corporate compliance and are often required for audits. The term is widely used in legal, financial, and corporate contexts across both cultures.
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