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executory Definition

ex·ecu·tory (eg zek′yo̵̅o̅ tôr′ē, ig-; --yə-)

adjective

  1. executive; administrative
  2. Law designed to be, or capable of being, put into effect at the appropriate time

Etymology: LL exsecutorius < L exsecutus: see executor

executory Law Definition

adj

Something that has not yet been fully performed.
executory Usage Examples

Modifies a noun

  • trust: Executory trust Executory trusts need a further instrument to define the beneficial interests.