Meaning of the word "executive summary" in English

What does "executive summary" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

executive summary

US /ɪɡˈzɛkjətɪv ˈsʌməri/
UK /ɪɡˈzɛkjətɪv ˈsʌməri/

Noun

a short section of a business plan or report that summarizes the main points and recommendations, intended for busy executives who may not have time to read the full document

Example:
The CEO only had time to read the executive summary of the lengthy report.
Always start your business plan with a compelling executive summary.