Consideration

Consideration,

Definition of Consideration:

  1. Importance; consequence.

  2. Careful thought, typically over a period of time.

  3. Something with monetary value, voluntarily exchanged for an act, benefit, forbearance, interest, promise, right, or goods or services. In banking, the loan-amount is a consideration, in exchange for the borrowers promise to repay the principal and to pay interest and other charges. In insurance, the insurance companys offer to make a loss good is a consideration in exchange for payment of premium. Essential element of all enforceable commercial-contracts, it does not have to be adequate or equal in value to the exchanged item but must be legal (not in violation of any law). Any commercial contract without a valid (valuable and legal) consideration is invalid and is called nudum pactum (Latin for, naked contract) governed by the legal maxim ex nudo pacto non oritur actio (Latin for, a right of action does not arise from a naked contract). See also good consideration, and valuable consideration.

  4. A payment or reward.

Synonyms of Consideration

Payment, Fee, Premium, Remuneration, Compensation, Recompense, Emolument, Perquisite, TLC, Trinkgeld, Accent, Accommodatingness, Account, Action, Admiration, Adoration, Advertence, Advertency, Advisement, Agreeableness, Airing, Alertness, Ambition, Amends, Analysis, Anticipation, Apotheosis, Application, Appreciation, Approbation, Approval, Argument, Argumentum, Aspiration, Assiduity, Assiduousness, Assumption, Atonement, Attention, Attention span, Attentiveness, Attitude, Award, Awareness, Awe, Baksheesh, Balance, Ballast, Basis, Blood money, Bonus, Bounty, Breathless adoration, Bribe, Brooding, Buzz session, Calling, Canvassing, Care, Carefulness, Caring, Case, Cause, Caution, Circumspection, Circumspectness, Climate of opinion, Cogitation, Colloquium, Common belief, Community sentiment, Compassion, Compensation, Complaisance, Conceit, Concentration, Concept, Conception, Concern, Concernment, Conclusion, Condemnation, Conference, Cons, Consciousness, Consensus gentium, Consequence, Consequentiality, Considerateness, Contemplation, Cool judgment, Counsel, Counterbalance, Counterpoise, Counterweight, Courtesy, Credit, Damages, Debate, Debating, Decision, Decree, Deference, Deification, Deliberation, Delicacy, Deliverance, Determination, Diagnosis, Dialectic, Dialogue, Dictum, Diligence, Discreetness, Discretion, Discrimination, Discussion, Donative, Doom, Double time, Duty, Ear, Earnestness, Elenchus, Emolument, Emphasis, Equipoise, Equivalent, Esteem, Estimate, Estimation, Ethos, Exaggerated respect, Examination, Excellence, Exchange of views, Eye, Favor, Fee, Feeling, Finding, Forbearance, Forethought, Forum, General belief, Give-and-take, Goal, Good judgment, Gratuity, Gravy, Grease, Great respect, Ground, Guerdon, Guiding light, Guiding star, Heed, Heedfulness, Helpfulness, Hero worship, High order, High rank, High regard, Homage, Honor, Honorarium, Idea, Ideal, Idolatry, Idolization, Ignoratio elenchi, Import, Importance, Impression, Incentive pay, Indemnification, Indemnity, Inducement, Indulgence, Inspiration, Intention, Intentiveness, Intentness, Interest, Investigation, Joint discussion, Judgment, Judiciousness, Kindliness, Kindness, Lagniappe, Largess, Leniency, Liberality, Lights, Lodestar, Logical analysis, Logical discussion, Loving care, Lucubration, Mainspring, Makeweight, Mark, Materiality, Matter, Meditation, Meed, Mercy, Merit, Mind, Mindfulness, Moment, Motive, Musing, Mystique, Note, Notice, Notion, Obligingness, Observance, Observation, Offset, Open discussion, Open forum, Opinion, Order, Palm oil, Panel discussion, Paramountcy, Payment, Perks, Perquisite, Personal judgment, Plaidoyer, Plea, Pleading, Point of view, Policy, Polity, Pondering, Popular belief, Position, Posture, Pourboire, Precedence, Precedent, Preeminence, Premium, Preparedness, Prestige, Presumption, Prevailing belief, Price, Primacy, Principle, Priority, Prognosis, Pronouncement, Pros, Pros and cons, Providence, Prudence, Prudentialism, Public belief, Public opinion, Quarter, Quid pro quo, Quittance, Rap, Rap session, Reaction, Reason, Recompense, Redress, Reflection, Reflectiveness, Refutation, Regard, Regardfulness, Remark, Remuneration, Reparation, Requital, Requitement, Resolution, Respect, Restitution, Retribution, Return, Reverence, Reverential regard, Review, Revolving, Reward, Ruling, Rumination, Sake, Salvage, Salve, Satisfaction, Score, Self-importance, Seminar, Sentence, Sentiment, Setoff, Sight, Significance, Smart money, Solatium, Solicitousness, Solicitude, Something extra, Something of value, Sound judgment, Soundness of judgment, Source, Special pleading, Speculation, Sportula, Spring, Stance, Stress, Study, Superiority, Supremacy, Sweetener, Symposium, Tact, Tactfulness, Talking point, Tender loving care, Theory, Thinking, Thought, Thoughtfulness, Tip, Tit for tat, Toleration, Town meeting, Treatment, Ulterior motive, Value, Veneration, Ventilation, Verdict, View, Vocation, Way of thinking, Weighing, Weight, Wergild, Worship, Worth, Thought, Deliberation, Reflection, Contemplation, Cogitation, Rumination, Pondering, Meditation, Musing, Mulling, Examination, Inspection, Scrutiny, Analysis, Review, Discussion

How to use Consideration in a sentence?

  1. You can buy the books for a small consideration.
  2. Once he turned professional, Vincent promised himself not to do any design work -- even as a favor for a friend -- without some sort of monetary consideration .
  3. No troubles in Upper Egypt are mentioned during the reign of Auletes, and if things were quiet there, we mace that it was due to the government there being in the hands of some one whom, by our broken records, we may conjecture to have been a man of great consideration and influence, Callimachus the epistrategos.
  4. When a jury is deliberating about a case it is very important that they take all the facts into consideration to get the correct judgement.
  5. A long process involving a great deal of careful consideration.
  6. When we pay our insurance payments regularly we expect to receive fair consideration promptly in the event we need it.

Meaning of Consideration & Consideration Definition