executory
Of or pertaining to administration or execution.
Adjective
- Of or pertaining to administration or execution.
- An executory interest is a future interest in a grantee which will not automatically become possessory and which follows a prior estate which will not terminate inevitably. - 2005, Steven Emanuel, Property, page 215:
- Yet to be completed; not fully executed, performed or carried out; lacking in execution, unfulfilled; so, yet to take effect.
Origin
From Middle English executory, from Latin execūtōrius. By surface analysis, execute + -ory.
Derived
executory interest fee simple subject to executory interest fee simple subject to executory limitation nonexecutory shifting executory interest springing executory interest