- nominal consideration
- A consideration in a nominal sum, such as "one dollar." 17 Am J2d Contr § 102; 23 Am J2d Deeds § 66.
Ballentine's law dictionary. Anderson, W.S.. 1998.
nominal consideration
Look at other dictionaries:
nominal consideration — see consideration Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
nominal consideration — symbolic donation, small donation that is intended to express a certain idea … English contemporary dictionary
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 in English law — is one of the three main building blocks of a contract. Consideration can be anything of value (such as an item or service), which each party to a legally binding contract must agree to exchange if the contract is to be valid. If only one party… … Wikipedia
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consideration — The inducement to a contract. The cause, motive, price, or impelling influence which induces a contracting party to enter into a contract. The reason or material cause of a contract. Some right, interest, profit or benefit accruing to one party,… … Black's law dictionary
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Nominal impedance — in electrical engineering and audio engineering refers to the approximate designed impedance of an electrical circuit or device. The term is applied in a number of different fields, most often being encountered in respect of: The nominal value of … Wikipedia
