executory

[ ig-zek-yuh-tawr-ee, -tohr-ee ]

adjective

1. executive.
2. Law. to be performed or executed.

Word History and Origins

Origin of executory¹

1400–50; late Middle English executorie operative, being in effect < Late Latin ex ( s ) ecūtōrius executive. See execute, -tory ¹

Example Sentences

An executed contract, as the name implies, is completed, an executory contract is to be executed or completed.

From Project Gutenberg

An unpaid promissory note is an executory contract, when paid it becomes an executed one.

From Project Gutenberg

A license may be executory, relating to a future act, or it may relate to an act already done or executed.

From Project Gutenberg

But if the price is paid, and the goods are not then to pass, the transaction is a contract to sell, or an executory sale.

From Project Gutenberg

A contract executed, as well as one which is executory, contains obligations binding on the parties.

From Project Gutenberg