- for value
- For consideration. See purchaser for value; trust for value.
Ballentine's law dictionary. Anderson, W.S.. 1998.
for value
Look at other dictionaries:
for value received — A phrase used in a promissory note, bill of exchange, or other contract to show that some consideration (money or other value) has been given in exchange for whatever the contract requires. Category: Bankruptcy, Foreclosure & Debt Category:… … Law dictionary
for value received — An admission of the receiving of value by way of consideration. 29 Am J Rev ed Ins § 659. Importing, where used in a contract, that the promisor did receive something of some value. Sullivan v Lear, 23 Fla 463. Importing, where used in a deed, a… … Ballentine's law dictionary
for value received — See value (value received) … Black's law dictionary
for value received — See value (value received) … Black's law dictionary
bona fide purchaser for value — USA bona fide purchaser, Also known as BFP, bona fide purchaser for value, good faith purchaser, innocent purchaser for value, purchaser in good faith … Law dictionary
innocent purchaser for value — USA bona fide purchaser, Also known as BFP, bona fide purchaser for value, good faith purchaser, innocent purchaser for value, purchaser in good faith … Law dictionary
Transfer-For-Value Rule — The stipulation that, if a life insurance policy (or any interest in that policy) is transferred for something of value (money, property, etc.), a portion of the death benefit is subject to be taxed as ordinary income. This portion is equal to… … Investment dictionary
holder for value — holder for value: a holder to whom an instrument is issued or transferred in exchange for something of value (as a promise of performance, a security interest or lien in the instrument not obtained by judicial process, payment of or use of the… … Law dictionary
Innocent Purchaser For Value — Someone who unknowingly purchases assets that have been involved in fraud. An innocent purchaser for value can exist in any number of situations, from the buying of real estate to the buyings of art. Because the purchaser lacked knowledge of the… … Investment dictionary
innocent holder for value — One who has acquired property from another for value without notice of a third person s equities in or claims to the property. In order that a payee of trust funds may prevail as an innocent holder for value, in addition to being innocent of its… … Ballentine's law dictionary
