consideration

consideration
An essential of a valid and enforceable contract. 17 Am J2d Contr § 86; a matter of contract, something within the contemplation of the parties to the contract. Van Houten v Van Houten, 202 Iowa 1085, 209 NW 293; the price bargained and paid for a promise, in other words, something given in exchange for the promise. 17 Am J2d Contr § 85; a benefit to the promisor or a loss or detriment to the promisee. Test v Heaberlin, 254 Iowa 521, 118 NW2d 73; 11 Am J2d B & N § 216; some right, interest, profit, or benefit accruing to one party to a contract, or some forbearance, detriment, loss, or responsibility given, suffered or undertaken by the other. 17 Am J2d Contr § 85; 11 Am J2d B & N § 216; an act or a forbearance, the creation, modification, or destruction of a legal relation, or a return promise bargained for and given in exchange for a promise. 17 Am J2d Contr § 85. See good consideration; failure of consideration; moral consideration; past consideration; valuable consideration.

Ballentine's law dictionary. . 1998.

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  • 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

  • considération — [ kɔ̃siderasjɔ̃ ] n. f. • XIIe; lat. consideratio 1 ♦ Action d examiner avec attention. ⇒ attention, étude, examen. Affaire qui demande une longue considération. Vieilli Sans considération de personne. ⇒ acception. Mod. Être digne de… …   Encyclopédie Universelle

  • considération — CONSIDÉRATION. sub. f. Action par laquelle on considère, on examine. Cela est digne de considération. Cela mérite considération, demande une longue considération, beaucoup de considération. f♛/b] En ce sens, il signifie au pluriel, Réflexions,… …   Dictionnaire de l'Académie Française 1798

  • consideration — Consideration. s. f. v. Action par laquelle on considere. Il a fait cela sans consideration. cela est digne de consideration. cela merite consideration. longue consideration. Il signifie aussi, Raison, esgard. Il a fait cela par telle… …   Dictionnaire de l'Académie française

  • Consideration — Con*sid er*a tion (k[o^]n*s[i^]d [ e]r*[=a] sh[u^]n), n. [L. consideratio: cf. F. consid[ e]ration.] 1. The act or process of considering; continuous careful thought; examination; contemplation; deliberation; attention. [1913 Webster] Let us… …   The Collaborative International Dictionary of English

  • consideration — Consideration, Consideratio, Animaduersio, Notatio, AEstimatio, Reputatio. Avec grande consideration, pensement et advis, Considerate. On ne sçauroit estimer que la consideration de la Lune y sert, Infinitum refert lunaris ratio. Sans… …   Thresor de la langue françoyse

  • consideration — [kən sid΄ər ā′shən] n. [ME consideracioun < L consideratio] 1. the act of considering; careful thought or attention; deliberation 2. thoughtful or sympathetic regard for others 3. something that is, or should be, considered, as in making a… …   English World dictionary

  • consideration — [n1] mental analysis application, attention, cogitation, concentration, contemplation, debate, deliberation, discussion, examination, forethought, heed, reflection, regard, review, scrutiny, study, thinking, thought; concept 24 Ant. disregard,… …   New thesaurus

  • Consideration — bezeichnet im Common Law ein Erfordernis für die Einklagbarkeit von Verträgen. Zur Rechtslage in einzelnen Ländern siehe: Consideration (England und Wales) Consideration (Vereinigte Staaten) Diese Seite ist eine Begrif …   Deutsch Wikipedia

  • consideration — mid 14c., a beholding, looking at, also keeping in mind, from O.Fr. consideracion (12c., Mod.Fr. considération), from L. considerationem (nom. consideratio) consideration, contemplation, reflection, noun of action from considerat , pp. stem of… …   Etymology dictionary

  • consideration — ► NOUN 1) careful thought. 2) a fact taken into account when making a decision. 3) thoughtfulness towards others. 4) a payment or reward. ● in consideration of Cf. ↑in consideration of …   English terms dictionary

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