Definition of Valuable consideration:
Consideration founded on an act, benefit, forbearance, interest, promise, right, or good or service that has some economic value. A valid (valuable and legal) consideration is essential to the enforceability of a commercial contract or promise. See also good consideration.
Legal consideration having some economic value, which is necessary for a contract to be enforceable.
How to use Valuable consideration in a sentence?
- An agreement made for valuable consideration.
Meaning of Valuable consideration & Valuable consideration Definition