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Simple English definitions for legal terms

executory

Read a random definition: lex Burgundionum

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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9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
Mich overrated (Dean Z please let me in even tho i didnt apply and I am below both 25ths)
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