Executor / Executrix Meaning & Definition

Trusted Experts

For more than 25 years we’ve helped students pass over 250,000 exams and we’ve done so with  industry leading pass rates!

Guaranteed to pass

Pass  our Greenlight guaranteed practice exam & we guarantee you’ll pass your exam – or your money back!*

Live chat & Phone Support

We’re with you every step of the way, from the time you purchase until the time you pass our trusted experts are here to answer all of your questions!

Definition of Executor / Executrix

Executor / Executrix is an individual with the authority to manage the affairs of a decedent’s estate.

Applying "Executor / Executrix" to Securities Exams:

When a person dies their assets become part of what is collectively referred to as their estate, and an executor is appointed to oversee the distribution of the deceased’s estate. An executor may be an attorney, but that is not a prerequisite, as anyone can be appointed executor. If stock or bond certificates are part of the estate, the executor’s signature would be required in order to make "good delivery" on the sale of those securities.