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Adequate consideration

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

One which is equal, or reasonably proportioned, to the value of that for which it is given.

1 Story, Eq. Jur. §§ 244 —247.

An adequate consideration is one which is not so disproportionate as to shock our sense of that morality and fair dealing which should always characterize transactions between man and man.

Eaton v. Patterson, 2 Stew. & P. (Ala.) 9, 19.