Business, Legal & Accounting Glossary
Consideration (see: Consideration) in a contract which has not been completed, but which needs to be. For example, if A offers B £10,000 to build A a house, B’s consideration is executory until he has finished the work (see: Executed consideration).
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Executory Consideration are sourced/syndicated and enhanced from:
This glossary post was last updated: 6th April, 2020 | 223 Views.