Executor and Founder

noun

• A person appointed by a testator to carry out the terms of the will. .

• (n.) One who executes or performs; a doer; as, an executor of baseness.
• (n.) The person appointed by a testator to execute his will or to see its provisions carried into effect, after his decease.
• (n.) An executioner.

EXECUTOR is a legal entity, frequently an individual, known before death to a testator, who is named in the testator's will to carry out the desires of the deceased after his death as designated in the will. Executors must be approved by the court of law probating the will. An executor pays all indebtedness as claimed by creditors of the estate, with the approval of the court of law, and then carries out or executes the will according to the terms set forth by the testator.

noun

• Inflammation of the laminated tissue that attaches the hoof to the foot of a horse.
  • synonyms: laminitis
• A person who founds or establishes some institution.
  • usage: "George Washington is the father of his country"
  • synonyms: beginner, founding father, father
• A worker who makes metal castings.

verb

• Fail utterly; collapse.
  • usage: "The project foundered"
  • synonyms: fall through, fall flat, flop
• Sink below the surface.
• Break down, literally or metaphorically.
  • usage: "The wall collapsed"; "The business collapsed"; "The dam broke"; "The roof collapsed"; "The wall gave in"; "The roof finally gave under the weight of the ice"
  • synonyms: collapse, fall in, cave in, give, give way, break
• Stumble and nearly fall.
  • usage: "the horses foundered"

• (v.i.) To fall; to stumble and go lame, as a horse.
• (n.) A lameness in the foot of a horse, occasioned by inflammation; closh.
• (v.i.) To fail; to miscarry.
• (n.) One who founds, establishes, and erects; one who lays a foundation; an author; one from whom anything originates; one who endows.
• (v.t.) To cause internal inflammation and soreness in the feet or limbs of (a horse), so as to disable or lame him.
• (v.i.) To become filled with water, and sink, as a ship.
• (n.) One who founds; one who casts metals in various forms; a caster; as, a founder of cannon, bells, hardware or types.
• (n.) An inflammatory fever of the body or acute rheumatism; as, chest founder. See Chest ffounder.

Founder is a person who participates in the creation of a company. Typically, founders manage the company until it has enough capital to hire professional managers.