Valuable Consideration
Defined in 4 dictionaries — Cyclopedic (1922), Ballentine's (1916), Black's (1910), Stimson (1881)
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
An equivalent in money or value for a thing purchased. See "Consideration."
Ballentine's Law Dictionary
James A. Ballentine · 1916
Something of actual value capable in estimation of law of pecuniary measurement, the parting with money or money’s worth, or an actual change of the purchaser’s legal position. See 2 L. R. A. 530, note.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
The distinction between a good and a valuable consideration is that the former consists of blood, or of natural love and affection; as when a man grants an estate to a near relation from motives of generosity, prudence, and natural duty; and the latter consists of such a consideration as money, marriage which is to follow, or the like, which the law esteems an equivuient given for the grant. 2 Bl. Comm. 297. A valuable consideration is a thing of value parted with, or a new obligation assumed, at the time of obtaining a thing, which is a substantial compensation for that which ls obtained thereby. It ls also called simply "value." Civ. Code Dak. § 212L
Glossary of Technical Terms, Phrases, and Maxims of the Common Law
Frederic Jesup Stimson · 1881
Money, goods, lands, services, or marriage. V. Good consideration.