1. Dealing or concerned with facts or actual occurrences; practical. 2. Philosophy Of or relating to pragmatism. 3. Linguistics Of or relating to pragmatics. 4. Relating to or being the study of cause and effect in historical or political events with emphasis on the practical lessons to be learned from them.
What is EXECUTED CONTRACT? 1. Completed signing by all parties of a contract. 2. Completed all listed contractual actions.
Executed Contracts and Executory Contracts. An executed contract is one where all parties have fully performed all of the terms, promises and obligations within the contract. The closing of a property has just been recorded at the county clerkâs office and the ownership has changed.