Does "completed" mean what I hope it means?

In my proposal, I said something about how my manuscript will be "completed within 6 months of the signing of the contract."

I don't know why it didn't occur to me to ask this before, but: "Completed" means pre-rewrite, correct?

In other words, 6 months doesn't imply that, say, I'll have it done in 3 months so that those other 3 months can be spent revising (and so that, at the 6 month mark, the MS will be totally & completely done)...right?

-Nancy

[Edited to clarify: by "have it done in 3 months," I meant "have it sent in to the editor in 3 months"]

Jamesaritchie said:

Comleted usually means ready to send to the editor. As an editor, if it isn't on my desk, it isn't completed.

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Ok, thank you -- that's exactly what I was getting at.

Nomad said:

And completed doesn't mean "first draft." It means completed. This is your shot, so don't send in something that isn't as close to perfect as you can get it.

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Yes, of course -- this much I'd assumed. Thanks.