Legal Dictionary of Pakistan

executed, adj

1. (Of a document) that has been signed <an executed will>. 2. That has been done, given or performed <executed consideration > "[T]he term executed' is a slippery word. Its use is to be avoided except when accompanied by explanation. Executed consideration is also used to mean past consideration as opposed to present or future. A contract is frequently said to be executed when the document has been signed, or has been signed, sealed, and delivered. Further, by executed contract is frequently meant one that has been fully performed by both parties." William R Anson, Principles of the Law of Contract 26 n.' (Arthur L. Corbin ed., 3d Am. ed. 1919).