Consideration - Law Dictionary Search Results
Pay and pay scale
Pay and pay scale, are conceptually different connotations. Pay is essentially a consideration for the services rendered by an employee and is the remuneration which is payable to him. Remuneration is
Discretion
the absence of a hard and fast rule, and it require an actual exercise of judgment and a consideration of the facts and circumstances with are necessary to make a sound, fair and just determination and a
Parol evidence
owing to a want of acquaintance with the grantor's estate; (4) where it is important to show a consideration or a different consideration consistent with, and not repugnant to, that stated in the deed itself; (5) where
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gift
entry 2 : something voluntarily transferred without compensation 3 : a transfer of property for less than adequate consideration other than in the ordinary course of business used in the law of gift tax NOTE: The amount
lease
as “a transfer of the right to possession and use of goods for a term in return for consideration.” build·ing lease : ground lease in this entry consumer lease : a lease made by a lessor regularly
purchase
by means other than descent or inheritance 2 : to obtain by paying money or giving other valuable consideration ;specif : to take (property) by a voluntary transaction (as a sale, mortgage, pledge, lien, or gift) that
reasonably equivalent value
a debtor esp. in bankruptcy and that is not therefore evidence of a fraudulent conveyance see also fair consideration at consideration
value
or equivalent in goods, services, or money for something exchanged [received good for the price] b : valuable consideration at consideration 2 : monetary worth ;esp : market value val·ue·less adj vt val·ued valu·ing : to estimate
voluntary
the consequences [a plea of guilty] 2 : done by design or intention 3 : made without valuable consideration or for nominal consideration [a conveyance] vol·un·tar·i·ly [vÄ -lən-ter-ə-lē] adv vol·un·tar·i·ness n
Bargain
or a contract by which one party binds himself to transfer the right to some property for a consideration and the other party binds himself to receive the property and pay the consideration
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