covenant not to executeglossary / covenant not to execute A covenant in which a party who has won a judgment agrees not to enforce it.• This covenant is most common in insurance law. 词条贡献者 译员黎川,在一家顶尖澳洲律师事务所的上海办公室担任全职法律翻译,擅长翻译涉及工业与制造业领域的法律文件。