Webster's English Dictionary

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executive

1. ex.ec.u.tive \ig-'zek-(y)*t-iv\ aj 1: designed for or relating to 
   execution  2: of or relating to the execution of the laws and the conduct 
   of public a ffairs 3: of or relating to an executive 
2. executive n 1: the executive branch of a government; also : the persons 
   who con stitute the executive magistracy of a state 2: an individual or 
   group constituting the agency that controls or directs  an organization 3: 
   one who holds a position of administrative or managerial responsibility