Power to enforce executive orders as intended and given, authorized by law.
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EXECUTIVE PRIVILEGE
Constitutional right to not disclose information , given to the government’s executive branch . Typically used to cover national defense and foreign policy . Protects sensitive information under the constitutional […]
EXECUTIVE SEARCH
The actions of seeking to hire corporate officers, executives and other senior level management positions. Payment for the search is typically either by retainer or contingency . An industry has […]
EXECUTIVE SUCCESSION PLAN
Business continuity plan section for smooth, pre-planned, transferal of authority under any condition. It identifies who succeeds the current position holder and is done for every position deemed critical for […]
EXECUTIVE SUMMARY
Brief, comprehensive summarized business plan or proposal, often for an investment or commitment. Key points, as bullets, are extracted from an external audience presentation .
EXECUTOR
A person appointed by a testator to carry out the directions and requests in his will, and to dispose of the property according to his testamentary provisions after his decease. […]
EXECUTOR-TRUSTEE
This term is applied to the executor of an estate whose duties goes beyond those of an executor and he becomes a trustee.
EXECUTORIAL TRUSTEE
the person who is appointed as the executor and will also be the trustee.
EXECUTORY
That which is yet to be executed or performed; that which remains tobe carried into operation or effect; incomplete ; depending upon a future performanceor event. The opposite of executed.
EXECUTORY CONSIDERATION
An as yet unfulfilled promise made for some consideration . Refer to executed consideration .
EXECUTORY CONTRACT
Contractual obligation fulfillment actively being done. Some contractual expectations are yet to be done by one or more parties. An ongoing lease agreement is an example.
EXECUTORY COST
Executory contract servicing expenses. An example is paying excise tax on a leased car.
EXECUTORY JUDGMENT
This term applies to a judgement of court that hasn’t been carried out.
EXECUTORY LETTER OF CREDIT
A letter-of-credit with a beneficiary who has yet to satisfy specific conditions, that is un-expired.
EXECUTORY PROCESS
This occurs when a judgement isn’t out and the process is begun to seize any property of a defendant to pay his debt.
EXECUTORY TRUST
An unfinished trust, missing instructions for the trustor. Known also as imperfect trust or incompletely constituted trust. Refer to executed trust .
EXECUTORY USE
the term applied to a trust or an interest that will arise at a time in the future.
EXECUTRESS
A female executor. Hardr. 165, 473. See EXECUTRIX.
EXECUTRIX
A woman who has been appointed by will to execute such will or testament.
EXECUTRY
In Scotch law. The movable estate of a person dying, which goes to hisnearest of kin. So called as falling under the distribution of an executor. Bell.Exempla illustrant non restringunt […]
EXEMPLARY DAMAGES
See DAMAGES.
EXEMPLI GRATIA
For the purpose of example, or for instance. Often abbreviated “ex. gr.” or “e. g.”
EXEMPLIFICATION
An official transcript of a document from public records. made In form to be used as evidence, aud authenticated as a true copy.
EXEMPLUM
In the civil law . Copy; a written authorized copy. This word is also usedin the modern sense of “example,”
EXEMPT
v. To relieve, excuse, or set free from a duty or service imposed upon thegeneral class to which the individual exempted belongs; as to exempt from militia service.See 1 St. […]