Valuable consideration

Valuable consideration,

Definition of Valuable consideration:

  1. 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.

  2. Legal consideration having some economic value, which is necessary for a contract to be enforceable.

How to use Valuable consideration in a sentence?

  1. An agreement made for valuable consideration.

Meaning of Valuable consideration & Valuable consideration Definition