☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Consideration (Detail)

Something of value exchanged in a contract — the price paid for a promise. Consideration may be a promise, an act, a forbearance, or a legal detriment. Without consideration, a promise is gratuitous.

Category: Contract Law
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: