ex|ec|u|to|ry

ex|ec|u|to|ry «ehg ZEHK yuh _TR ee, -_TR-», adjective.

1. = executive. (Cf. ↑executive)

2. = operative. (Cf. ↑operative)

3. drawn up or ready to take effect only on a future contingency: »

If a man leaves his estate to his wife in trust for his children, it is an executory contract.