Something done ; something completed. This word is frequently used in connexion with 538 EXE EXE others to designate a quality of such other words ; as an executed contract ; an executed estate; on executed trust, &c. It is opposed to executory. 2. — An executed co…
Executed — Definition and meaning
something completed. This word is
frequently used in connexion with
538
EXE
EXE
others to designate a quality of such
other words ; as an executed contract ;
an executed estate; on executed trust,
&c. It is opposed to executory.
2. — An executed contract is one
which has been fulfdled ; as, where
the buyer has paid the price of the thing
purchased by him. See Agreement.
3. — An executed estate is when
there is vested in the grantee a present
and immediate right of present or
future enjoyment ; and, in another
sense the term applies to the time of
enjoyment; and in that sense, an
estate is said to be executed, when it
confers a present right of present en-
joyment. When the right of enjoy-
ment in possession is to arise at a
future period, only the estate is execu-
ted ; that is, it is merely vested in
point of interest : when the right of im-
mediate enjoyment is annexed to the
estate, then only is the estate vested in
possession. 1 Frost, on Est. 62.
4. — Trusts executed are, when by
deed or will lands are conveyed, or
devised, in terms or in elfect, to and
to the use of one person or several
persons, in trust for others, without any
direction that the trustees shall make
any further conveyance ; so that it
docs not appear that the author of the*
trusts had a view to a future instru-
ment for accomplishing his intention.
Prest. on Est. 168.
The importance of Executed
Executed appears in U.S. legal practice across multiple practice areas. Knowing what it means — and when it applies — can determine the outcome of motions, filings, and negotiations. For non-lawyers, the value of looking up a precise definition is that legal terms often carry meanings that differ from everyday usage; relying on the common meaning can lead to costly missteps.
How Executed is applied
In practice, Executed is invoked when parties, judges, or attorneys need to identify the legal status of an issue, the rights of those involved, or the procedural step required next. The definition shown above is sourced from Bouvier's Law Dictionary (1856) , which is widely cited in U.S. legal practice. Because U.S. law is jurisdictionally layered — federal, state, and sometimes local — the precise application of the term can vary by court, so check the controlling authority for your specific case.