valuable consideration
- An essential aspect of a contract that provides a benefit to another party, which can take many forms like money, labor, assets, a promise, or the act of refraining from a particular action
- In exchange for his work on the project, he received valuable consideration in the form of company shares.
- She received valuable consideration when she was asked to abstain from selling her fast-growing startup.
- The artist provided his painting as valuable consideration in his contract with the gallery.
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