contract conclusion
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contract conclusion
The formal act by which a contract between two or more parties becomes legally binding, usually through the signature of everyone involved.
Nach langen Verhandlungen kam es endlich zum Vertragsabschluss.
After long negotiations, the contract was finally concluded.
This noun is made up of three parts: 'der Vertrag' (the contract), the linking -s, and 'der Abschluss' (conclusion/completion). So it literally means the completion or coming into effect of a contract.
Vor dem Vertragsabschluss sollten Sie alle Klauseln genau prüfen.
Before concluding the contract, you should carefully review all clauses.
The phrase 'es kommt zum Vertragsabschluss' is often used to express that the contract is concluded. Other typical verbs are 'anstreben' (to aim for), 'erreichen' (to achieve), or 'feiern' (to celebrate).
Nach monatelangen Gesprächen kam es endlich zum Vertragsabschluss.
After months of talks, the contract was finally concluded.
In sentences, prepositions such as 'vor' (before), 'bei' (upon/at), or 'nach' (after) are often used to refer to the time of the contract conclusion. These prepositions govern the dative.
Bei Vertragsabschluss ist eine erste Zahlung fällig.
Upon conclusion of the contract, an initial payment is due.
The word 'Vertragsabschluss' (contract conclusion) belongs to formal written language and is used mainly in legal, business, and administrative contexts.
Der Notar beurkundete den Vertragsabschluss für den Hauskauf.
The notary certified the contract conclusion for the house purchase.
