Definition of "consideration"
  1. An exchange of value, such as a benefit, right, or promise, which is fundamental to the validity of a contract
How to use "consideration" in a sentence
  1. In their contract, his promise to paint her house was the consideration for her promise to pay $500.
  2. She refrained from building a fence as consideration for her neighbor's promise to let her use his driveway.
  3. Unfortunately, the contract was void because it lacked a consideration; both parties didn’t exchange anything of value.

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