Meaning & use

adequate consideration

noun·Advancedlegalformal

Last updated

UK/ˌædɪkwət kənˌsɪdəˈreɪʃən/
US/ˌædɪkwət kənˌsɪdəˈreɪʃən/

Meaning

  1. noununcountablelegalformal

    Something of real value that each party to a contract gives or promises, making the agreement legally binding.

    Grammar: Used as an uncountable noun in legal contexts; it does not take 'a' or a plural.

    Patterns

    • adequate consideration for a contract
    • provide adequate consideration
    • lack adequate consideration

    The court found that the payment of one dollar was not adequate consideration for the transfer of the property.

    For a contract to be enforceable, there must be adequate consideration from both sides.

    The lawyer argued that the promise to pay was adequate consideration even though the amount was small.

Common combinations

adequate consideration for
The services provided were adequate consideration for the promise to pay.
provide adequate consideration
Both parties must provide adequate consideration to make the contract valid.
lack of adequate consideration
The agreement failed due to a lack of adequate consideration.
find adequate consideration
The judge could not find adequate consideration in the oral promise.

Synonyms and how they differ

valuable consideration
A broader legal term for anything of value exchanged; 'adequate consideration' emphasizes that the value is sufficient, while 'valuable consideration' only requires some value.
sufficient consideration
Very close in meaning, but 'sufficient' focuses on legal sufficiency, while 'adequate' often implies fairness or proportionality.

Opposites

inadequate considerationlack of consideration

Word family

consideration noun
In general use, careful thought; in law, something of value exchanged in a contract.
consider verb
To think carefully about something.

Commonly confused: adequate consideration or consideration?

adequate consideration vs consideration

In everyday English, 'consideration' means thoughtfulness or careful thought. In law, it means the benefit each party receives, which is a completely different sense.

Practice

In contract law, what does 'adequate consideration' refer to?

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