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Execution
Execution The signing and delivery of an instrument. Also, a legal order directing an official to enforce a judgment against the property of a debtor.
RELATED TERMS--------------------------------------
Delivery
Transfer something from one entity to another.
Instrument
A written legal document created to secure the rights of the parties participating in the agreement.
Judgment
A formal decision issued by a court relating to the specific claims and rights of the parties to an act or suit.
Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
Debtor
One who owes money; a borrower, a maker of a note; a mortgagor.
SIMILAR TERMS--------------------------------------
Execute
The act of making a document legally valid, such as formalizing a contract by signing or acknowledging and delivering a deed.
Executed contract
An agreement that has been fully performed.
Executor
A person named in a will to administer an estate. The court will appoint an administrator if no executor is named.
Executory contract
A contract under which something remains to be done by one or more of the parties.
Executrix
A female person appointed by a testator to carry out the directions and requests in his or her last will and testament, and to dispose of his or her property according to the provisions of the will.
PREVIOUS AND NEXT TERMS--------------------------------------
Exclusive right to sell
Listing agreement under which the owner promises to pay a commission if the property is sold during the listing period by anyone, even the owner.
Exclusivity
A restriction on the tenant's right to open a competing retail outlet within a certain area of leased premises.
Exculpatory clause
A clause in an agreement that relieves a party from all obligation for his or her acts or failure to act.
Execute
The act of making a document legally valid, such as formalizing a contract by signing or acknowledging and delivering a deed.
Executed contract
An agreement that has been fully performed.
Execution
Executor
A person named in a will to administer an estate. The court will appoint an administrator if no executor is named.
Executory contract
A contract under which something remains to be done by one or more of the parties.
Executrix
A female person appointed by a testator to carry out the directions and requests in his or her last will and testament, and to dispose of his or her property according to the provisions of the will.
Exemplary damages
Monetary damages that go beyond the actual compensatory damages. They are awarded to punish a wrongdoer for fraudulent, malicious and wrongful conduct.
Exhaust fan
Ventilating devices that remove water vapor, undesired smells or smoke.
This dictionary contains 6433 terms. |
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