executory — ex·ec·u·to·ry /ig ze kyə ˌtōr ē/ adj: designed or of such a nature as to be performed in the future or to take effect on a future contingency cancellation of the executory portion of the contract J. J. White and R. S. Summers compare contingent… … Law dictionary
executory — [eg zek′yo͞o tôr΄ē, igzek′yo͞o tôr΄ē; eg zek′yətôr΄ē, ig zek′yətôr΄ē] adj. [LL exsecutorius < L exsecutus: see EXECUTOR] 1. executive; administrative 2. Law designed to be, or capable of being, put into effect at the appropriate time … English World dictionary
executory — /agzekyatoriy/ That which is yet to be fully executed or performed; that which remains to be carried into operation or effect; incomplete; depending upon a future performance or event. The opposite of executed. As to executory bequest executory… … Black's law dictionary
executory — /agzekyatoriy/ That which is yet to be fully executed or performed; that which remains to be carried into operation or effect; incomplete; depending upon a future performance or event. The opposite of executed. As to executory bequest executory… … Black's law dictionary
executory — igˈzekyəˌtōrē, eg , ÷ kəˌ , tȯr , ri adjective Etymology: Middle English executorie operative, being in effect, putting into effect, from Late Latin executorius, exsecutorius putting into effect, from Latin executus, exsecutus (past participle… … Useful english dictionary
executory contract — see contract Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. executory contract … Law dictionary
executory interest — see interest 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. executory interest … Law dictionary
executory contract — a contract in which some or all of the obligations of each party have not yet been completed. The debtor in possession (or trustee) is allowed to reject unilaterally certain executory contracts (Glossary of Common Bankruptcy Terms) see leases and … Glossary of Bankruptcy
executory limitation — n: a limitation that creates an executory interest a fee simple subject to an executory limitation see also executory interest at interest Merriam Webster’s Dictionary of Law. Merriam Webster … Law dictionary
executory remainder — see remainder Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. executory remainder … Law dictionary
