thing of value

thing of value
Something having a monetary value. 17 Am J2d Contr § 95. As the term is used in the law of larceny, it includes any tangible thing which the law recognizes as being property. Columbus Railroad Co. v Woolfolk, 128 Ga 631, 58 SE 152. The term is defined, as it pertains to the subject of gambling, as any thing affording the necessary lure to indulge the gambling instinct. Painter v State, 163 Tenn 627, 45 SW2d 46, 81 ALR 173.

Ballentine's law dictionary. . 1998.

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