exchange of contracts

Proposed by a contributor, not yet supported by evidence.

Meaning · English

A formal step in a property sale where buyer and seller commit to the deal

Nghĩa · Tiếng Việt

Bước chính thức trong việc bán tài sản nơi mua và bán cam kết với thỏa thuận

Machine-translated — suggest a fix

Literally: trading of legal agreements
Where it’s used: Used Widespread English

Examples

The exchange of contracts is scheduled for next Friday

AI-drafted example auto-approved by rule (illustrative, not a corpus attestation)

Sources & notes

Listed in Wiktionary’s “English idioms” category (retrieved 2026-07-29); definition pending editorial review. Definition drafted by AI (@cf/meta/llama-3.3-70b-instruct-fp8-fast) and auto-approved by rule on 2026-07-30; pending editor spot-check.

Common questions

What does “exchange of contracts” mean?

A formal step in a property sale where buyer and seller commit to the deal Literally: trading of legal agreements

Is “exchange of contracts” formal or informal?

No register label has been reviewed yet — treat it as neutral and check the usage notes above.