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. Executed estate. See ESTATE. Executed fine. The fine sur cognizance de droit, come ceo que il ad de son done; or a fine upon acknowledgment of the right of the cognizee, as that which he has of the gift of the cognizor. Abolished by 3 A 4 Wm. IV. c. 74. Executed remainder. See REMAINDER. Executed sale. One completed by delivery of the property; one where nothing remains to be done by either party to effect a complete transfer of the subject matter of the sale. Fogel v. Brubaker, 122 Pa. 7, 15 Atl. 692; Smith v. Barron County, 44 Wis. 691; Foley v. Felrath, 98 Ala. 176, 13 South. 485, 39 Am. St. Rep. 39. Executed trust. See TRUST. Executed use. See USE. Executed writ. In practice. A writ carried into effect by the officer to whom it is directed. The term “executed,” applied, to a writ, has been held to mean “used.” Amb. 61.
EXECUTED
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