7. Law Something promised, given, or done that has the effect of making an agreement a legally enforceable contract.Idiom: in consideration of 1. In view of; on account of: turned back in consideration of the worsening weather. 2. In return for: a gift given in consideration of her ha...
consideration n. 1) payment or money. 2) a vital element in the law of contracts, consideration is a benefit which must be bargained for between the parties, and is the essential reason for a party entering into a contract. Consideration must be of value (at least to the parties), and...
placement, and processing fees, of any kind or at any stage, including agent, sub-agent, intermediary, or employer operating, administrative and overhead costs associated with the recruitment, selection, consideration, hiring, and placement of those workers. ...
The meaning of LAW-ABIDING is abiding by or obedient to the law. How to use law-abiding in a sentence.
Why is '-ed' sometimes pronounced at the end of a word? What's the difference between 'fascism' and 'socialism'? More Commonly Misspelled Words Words You Always Have to Look Up Popular in Wordplay See All More Words with Remarkable Origins ...
Define Valuable consideration. means any right, interest, profit or benefit, forbearance, detriment, loss or responsibility accruing, given, suffered or undertaken under an agreement, which is of more than a nominal nature;
Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.” Base Consideration has the meaning set forth in Section 1.2. Closing Consideration shall have the meaning set forth in Section 2.1(b). Closing Cash Consideration has the meaning set forth in Section 2.6(...
The meaning of RULE is a prescribed guide for conduct or action. How to use rule in a sentence. Synonym Discussion of Rule.
The doctrine of privity emerged alongside the doctrine of consideration. The doctrine of consideration states that if nothing is given for the promise of something to be given in return, that promise is not legally binding unless promised as a deed. ...
Consideration is a foundational concept in contract law. It embodies the idea of value exchanged, representing what each party gives up in a transfer of ownership. Consideration plays a pivotal role in signaling the seriousness and intention behind the transfer in the context of a deed. Both the...