executed consideration
Executed consideration is where the promisor asks for something in exchange for his promise and the promisee provides consideration by giving the promisor what he has requested.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • executed consideration — A past consideration; something given and received before the making of a promise. 17 Am J2d Contr § 125. See past consideration …   Ballentine's law dictionary

  • executed consideration — A consideration which is wholly performed. An act done or value given before the making of the agreement …   Black's law dictionary

  • executed consideration — A consideration which is wholly performed. An act done or value given before the making of the agreement …   Black's law dictionary

  • Consideration under English law — Consideration is one of the three main building blocks of a contract in English contract law. Consideration can be anything of value (such as an item or service), which each party to a legally binding contract must agree to exchange if the… …   Wikipedia

  • Consideration in English law — is one of the three main building blocks of a contract. Consideration can be anything of value (such as an item or service), which each party to a legally binding contract must agree to exchange if the contract is to be valid. If only one party… …   Wikipedia

  • consideration — The inducement to a contract. The cause, motive, price, or impelling influence which induces a contracting party to enter into a contract. The reason or material cause of a contract. Some right, interest, profit or benefit accruing to one party,… …   Black's law dictionary

  • consideration — The inducement to a contract. The cause, motive, price, or impelling influence which induces a contracting party to enter into a contract. The reason or material cause of a contract. Some right, interest, profit or benefit accruing to one party,… …   Black's law dictionary

  • executed license — An irrevocable license in real property. 33 Am J1st Lic § 99. A license in return for which the licensee has paid a consideration to the licensor, or upon the faith and in consequence of which the licensee has made valuable improvements or… …   Ballentine's law dictionary

  • continuing consideration — A consideration partly executed and partly executory. Hargroves v Cooke, 15 Ga 321, 326 …   Ballentine's law dictionary

  • execute — ex·e·cute / ek si ˌkyüt/ vt cut·ed, cut·ing 1: perform: as a: to carry out fully includes not only executed violence, but also threatened violence Louisiana Civil Code …   Law dictionary

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