Executed Consideration
A New Law Dictionary and Glossary · Alexander M. Burrill · 1850
A New Law Dictionary and Glossary
A consideration performed prior to the promise upon which it is founded, and which, to be valid, must have been at the precedent request of the promiser. As if I bail a man's servant, at the master's request, and the latter afterwards promises to indemnify me; this is an executed consideration.
2 Steph. Com. 113.