Latin for Lawyers

EX DOLO MALO

declared prior to the trade. On trades ex dividend , the seller retains the right to the declared dividend. See DIVIDEND; EX WARRANTS EX DOLO MALO [L. ex + dolus / device, act + malus / bad, evil] Growing out of a bad deed or act. The consequences of conduct arising from fraud or deceit. EX DOLO MALO NON ORITUR ACTIO No action can arise from or be based on a bad deed or on deceit. The princi ple which directs a court not to consider an action based on an illegal or immoral act. See EX TURPI CAUSA NON ORITUR ACTIO EXECUTION [L. exsequi / to follow to the grave; to pursue till the end] The act of carrying out or performing a task or duty. The act of putting some one to death. Also, the process by which a judgment or other declaration of a legal right is enforced. The act of a sheriff or other court officer in collecting a judgment debt. EXECUTIVE [L. ex + sequor, sequi, secutus / to follow to the end; to keep up; to carry out or execute] A person who has administrative or managerial duties. Having administrative duties. In the American constitutional system, that branch of government charged with carrying out and enforcing the law; one of the three branches of government (along with the judicial and legislative branches). An executive agreement is an enforceable treaty-like agreement between the U.S. and a foreign state which is authorized by the President without approval by the Senate. An executive pardon is a pardon issued to a prisoner by the President or by the governor of a state. An executive session is a meeting of a commit The person named by a testator to carry out the purposes specified in his will and to manage and dispose of his property in accordance with his testamen tary instructions. EXECUTORY [L. ex + sequi ] Waiting to be executed or carry out. To be done or completed in the future. Having future effect or impact. An executory contract is one in which the parties promise to perform some act in the future. An executory use is a use which will come into existence at some future time, as in the case of a spring ing use. tee or board which is closed to all but its members. EXECUTOR [L. ex + sequi / to follow till the end]

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