reasonably equivalent value

Definition of "reasonably equivalent value"
  1. 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
How to use "reasonably equivalent value" in a sentence
  1. As part of the debt settlement agreement, they proposed a reasonably equivalent value for the assets that were transferred.
  2. To ensure fairness in bankruptcy proceedings, extensive analysis is often made to determine a reasonably equivalent value for transferred properties.
  3. The court dismissed the claim of fraudulent conveyance, stating that the debtor had offered a reasonably equivalent value for the transferred estate.

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