finalization of the contract

/ˌfaɪnəlaɪˈzeɪʃən əv ðə ˈkɒntrækt/

noun phrase

  1. The process of completing the last details and formally agreeing to the terms of a contract so that it is ready to be signed or officially approved.

    B2

    usually uncountable

    • "Both parties met to discuss the finalization of the contract."B2
    • "The finalization of the contract was delayed because the lawyers could not agree on the liability clause."C1
    • "Once the finalization of the contract is complete, both parties will sign the document."B2

Common mistakes

  • the finalization of contract→the finalization of the contract

    Use the article when referring to a specific contract.

Collocations

delay the finalization of the contractcontract finalizationsign the contractnegotiate the termslegal review

Word family

finalizefinalizedfinalizationfinal