/tə ˈɛksɪˌkjut ə ˈkɒntrækt ən əˈɡriːmənt/ – Phrase
Definition: ký kết, đóng dấu và gửi các bên hợp đồng, thoả thuận
A more thorough explanation: To execute a contract or agreement means to sign, seal, and deliver the document with the intention of creating a legally binding agreement between the parties involved.
Example: To execute a contract, an agreement, both parties must sign the document in the presence of witnesses.