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Simple English definitions for legal terms

executory

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A quick definition of executory:

Term: Executory

Definition: Executory means something that is not yet finished or completed. It refers to a contract or task that is still in progress and not fully executed. Once the task or requirement is completed, it is considered executed. For example, an executory contract is one where there are still outstanding obligations, while an executed contract is one where all parties have fulfilled their obligations. Other examples of executory terms include executory bequest, executory sentence, executory judgment, executory trust, and executory devise. In each case, some condition must be met or some act performed for the legal action to be executed.

A more thorough explanation:

Definition: Executory refers to something, usually a contract, that has not been fully performed or completed. It is considered incomplete until it is fully executed. Anything that is executory is in the process of being completed and will take full effect at a future time.

For example, an executory contract is a contract that has not yet been fully performed by all parties involved. Once all parties have fulfilled their obligations, the contract becomes an executed contract. Other examples of executory terms include executory bequest, executory sentence, executory judgment, executory trust, and executory devise. In each instance, some condition must be satisfied, or some act yet performed in order for the legal action to be executed.

Explanation: The term "executory" refers to something that is not yet complete or fully executed. It is often used in the context of contracts, where an executory contract is one that has not yet been fully performed by all parties involved. The examples provided illustrate how the term is used in different legal contexts, such as wills, trusts, and judgments. In each case, the legal action is not yet complete and requires some condition to be satisfied or some act to be performed before it can be executed.

executor | executory interest

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haha suckers!!!!!!!!!!!!!!!!!
20:38
prolly have a lil family and hobbies what loosers
hahah losers like what? you travel? have a life? not me, i'm reading every line of a contract while my seniors go play golf and enjoy like hahaha suckers
20:40
yea inverse perspective, what is fun is not fun and what is not fun is fun
20:40
you get it.
i wanna be able to travel a ton too
my ex just posted a harry potter related joke i think i dodged a bullet
20:41
Im only going to law school to recruit members for the revolution
20:41
nice where u wanna go? yea bullet dodged fr
can we join even if we're not at ur school
20:44
yeah but youd be in a different chapter
20:44
are we revolting against people who do not use their signal whilst driving?
20:44
We’re revolting against the man, man
20:45
Power does not flow from the sleeve of a judges robe to paraphrase
fuck yeah i'm down
MrThickRopes
20:46
uhhh
MrThickRopes
20:46
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MrThickRopes
20:46
PUT DA BEAT ON BRUH
20:48
Aight yall can join but I call dibs on being assassinated
MrThickRopes
20:49
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MrThickRopes
20:49
Up in da club
MrThickRopes
20:49
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the unction
20:55
just got a DUI while drinkin an NA beer in my car
20:55
someone help is some1 a hoya lowya here?!
MrThickRopes
21:03
Yoooo wtf
21:03
jk ropes but I do got ops fr
MrThickRopes
21:12
Me too bruh they praying on my downfall fr
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bruh i got ppl tryna make my head a brain smoothie
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serve me with some margarita mix and agave sweetener and summ
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