executory accord

executory accord
executory accord n: accord (3)

Merriam-Webster’s Dictionary of Law. . 1996.

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Look at other dictionaries:

  • executory accord — An agreement embodying a promise, express or implied, to accept at some future time a stipulated performance in satisfaction or discharge, in whole or in part, of any present claim, cause of action or obligation, and a promise, express or implied …   Black's law dictionary

  • executory accord — An agreement embodying a promise, express or implied, to accept at some future time a stipulated performance in satisfaction or discharge, in whole or in part, of any present claim, cause of action or obligation, and a promise, express or implied …   Black's law dictionary

  • executory accord — An accord which has not been fully performed. 1 Am J2d Accord § 52. A compromise agreement which provides for the acceptance m the future of a stated performance in satisfaction of the antecedent claim. 15 Am J2d Compr § 24 …   Ballentine's law dictionary

  • executory — ex·ec·u·to·ry /ig ze kyə ˌtōr ē/ adj: designed or of such a nature as to be performed in the future or to take effect on a future contingency cancellation of the executory portion of the contract J. J. White and R. S. Summers compare contingent… …   Law dictionary

  • accord — ac·cord 1 /ə kȯrd/ vt 1: to bring into agreement 2: to grant or give esp. as appropriate, due, or earned vi: to be consistent or in harmony ◇ Accord in this sense is often used to introduce a case or an authority that accords with the case or… …   Law dictionary

  • accord executory — See executory accord …   Ballentine's law dictionary

  • accord — 1. An agreement between two persons, one of whom has a right of action against the other, to settle the dispute. In a debtor/creditor relationship, an agreement between the parties to settle a dispute for some partial payment. It is called an… …   Black's law dictionary

  • accord — 1. An agreement between two persons, one of whom has a right of action against the other, to settle the dispute. In a debtor/creditor relationship, an agreement between the parties to settle a dispute for some partial payment. It is called an… …   Black's law dictionary

  • accord and satisfaction — A method of discharging a claim whereby the parties agree to give and accept something in settlement of the claim and perform the agreement, the accord being the agreement and the satisfaction its execution or performance, and it is a new… …   Black's law dictionary

  • accord and satisfaction — A method of discharging a claim whereby the parties agree to give and accept something in settlement of the claim and perform the agreement, the accord being the agreement and the satisfaction its execution or performance, and it is a new… …   Black's law dictionary

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