1. To put into effect; carry out; fulfill:
* *They implemented the new policy last month.*
2. To provide with tools or equipment:
* *The government implemented the military with new weapons.*
3. A tool, utensil, or piece of equipment, especially one used for a particular purpose:
* *The farmer used a variety of implements to till the soil.*
So, "implement" can be a verb or a noun, depending on the context.