Completed; carried into full effect; already done or performed; taking effect immediately; now in existence or in possession; conveying an immediate right or possession. The opposite of executory. Executed consideration. A consideration which is wholly past. 1 Pars. Cont 391. An act done or value given before the making of the agreement. Executed contract. See CONTRACT. … [Read more...]
EXECUTED
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.