valuable consideration

valuable consideration
noun
: an equivalent or compensation having value that is given for something (as money, marriage, services) acquired or promised and that may consist either in some right, interest, profit, or benefit accruing to one party or some responsibility, forbearance, detriment, or loss exercised by or falling upon the other party — compare consideration 8

Useful english dictionary. 2012.

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  • valuable consideration — see consideration Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. valuable consideration …   Law dictionary

  • Valuable consideration — Valuable Val u*a*ble, a. 1. Having value or worth; possessing qualities which are useful and esteemed; precious; costly; as, a valuable horse; valuable land; a valuable cargo. [1913 Webster] 2. Worthy; estimable; deserving esteem; as, a valuable… …   The Collaborative International Dictionary of English

  • valuable consideration — A consideration in money or in something having monetary value. 17 Am J2d Contr § 95. A consideration in money, money s worth, the release of a right, or the compromise of a demand. 37 Am J2d Frd Conv § 18. Something received of monetary value or …   Ballentine's law dictionary

  • valuable consideration — noun Date: 1602 an equivalent or compensation having value that is given for something acquired or promised (as money or marriage) and that may consist either in a benefit accruing to one party or a loss falling upon the other …   New Collegiate Dictionary

  • valuable consideration — /ˌvæljubəl kənsɪdəˈreɪʃən/ (say .valyoohbuhl kuhnsiduh rayshuhn) noun something of value given in exchange on the making of a contract …  

  • consideration — con·sid·er·a·tion n: something (as an act or forbearance or the promise thereof) done or given by one party for the act or promise of another see also contract compare motive ◇ Except in Louisiana, consideration is a necessary element to the… …   Law dictionary

  • Consideration (England und Wales) — Consideration bezeichnet im Recht von England und Wales ein Erfordernis für die Einklagbarkeit von Verträgen. Inhaltsverzeichnis 1 Definition 2 Voraussetzungen 2.1 Angemessenheit 2.2 Erfüllung einer …   Deutsch Wikipedia

  • Valuable — Val u*a*ble, a. 1. Having value or worth; possessing qualities which are useful and esteemed; precious; costly; as, a valuable horse; valuable land; a valuable cargo. [1913 Webster] 2. Worthy; estimable; deserving esteem; as, a valuable friend; a …   The Collaborative International Dictionary of English

  • valuable — I adjective above par, advantageous, beneficial, choice, commanding a good price, costly, dear, desirable, edifying, effective, effectual, efficacious, esteemed, estimable, excellent, expensive, favorable, fine, gainful, good, helpful, important …   Law dictionary

  • fair and valuable consideration — One which is a substantial compensation for the property conveyed, or which is reasonable, in view of the surrounding circumstances and conditions and market value of comparable properties in same vicinity, in contradistinction to an inadequate… …   Black's law dictionary

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