executory

Adjective

Meaning

Pertaining to administration, or putting the laws in force; executive.

Designed to be executed or carried into effect in time to come, or to take effect on a future contingency; as, an executory devise, reminder, or estate; an executory contract.

Source: Webster's dictionary

Synonyms

Phrases with the word

Examples

If the parties have taken action in reliance on the agreement, as in the case Riley v. Capital Airlines, Inc., the court held that part performance does not take an executory portion of a contract out of the Statute of Frauds. Source: Internet

For example, in some districts a contract for deed is an executory contract, while in others it is not. Source: Internet

The role was somewhat vague, and had no legislative, executory or judicial powers attached to it. Source: Internet

The standard feature of executory contracts is that each party to the contract has duties remaining under the contract. Source: Internet

Close letter words and terms