reasonably equivalent value
- The satisfaction or compensation conferred that is fair or approximately equal to the market worth of property or services exchanged, primarily in a situation where the debtor transfers assets, generally within a bankruptcy context. This is not indicative of an unjust or deceitful transaction
- As part of the debt settlement agreement, they proposed a reasonably equivalent value for the assets that were transferred.
- To ensure fairness in bankruptcy proceedings, extensive analysis is often made to determine a reasonably equivalent value for transferred properties.
- The court dismissed the claim of fraudulent conveyance, stating that the debtor had offered a reasonably equivalent value for the transferred estate.