Simple Definition of consideration
: careful thought : the act of thinking carefully about something you will make a decision about
: a desire to avoid doing something that will make another person sad, upset, angry, etc.
: something that you think about when you make a choice or decision
Full Definition of consideration
1 : continuous and careful thought <after long consideration he agreed to their requests>
2 a : a matter weighed or taken into account when formulating an opinion or plan <economic considerations forced her to leave college> b : a taking into account
3 : thoughtful and sympathetic regard
4 : an opinion obtained by reflection
6 a : recompense, payment <a consideration paid for legal services> b : the inducement to a contract or other legal transaction; specifically : an act or forbearance or the promise thereof done or given by one party in return for the act or promise of another
in consideration of
: as payment or recompense for <a small fee in consideration of many kind services>
Examples of consideration in a sentence
You should give some serious consideration to your retirement plans.
After careful consideration, he agreed to their requests.
Show some consideration and turn down that radio.
Finding a house close to work was an important consideration for them.
Economic considerations forced her to delay her education.
First Known Use of consideration
CONSIDERATION Defined for Kids
Definition of consideration for Students
1 : careful thought : deliberation <Give my idea some serious consideration.>
2 : thoughtfulness for other people
3 : something that needs to be thought over carefully before deciding or acting
4 : a payment made in return for something
Legal Definition of consideration
1 : something (as an act or forbearance or the promise thereof) done or given by one party for the act or promise of another — see also contract — compare motive Editor's note: Except in Louisiana, consideration is a necessary element to the creation of a contract. The consideration must result from bargaining by the parties, and must be the thing that induces the mutual promises. adequate consideration : a consideration that is reasonably equivalent in value to the thing for which it is given fair consideration : a consideration that is reasonable and given in good faith; specifically : something with a reasonably equivalent value that under the laws of fraudulent conveyances is given in good faith in exchange for the transfer of property good consideration 1 : a consideration based on a family relationship or natural love and affection 2 : valuable consideration in this entry Editor's note: As defined in sense 1, good consideration is the opposite of valuable consideration, though it is sometimes used to mean valuable consideration. Good consideration of the kind denoted by sense 1 cannot create an enforceable contract. new consideration : something according to section 6-106 of the Uniform Commercial Code that becomes payable in exchange for the transfer of bulk goods nominal consideration : consideration consisting of a nominal amount past consideration : something that has already been given or some act that has already been performed that cannot therefore be induced by the other party's thing, act, or promise in exchange and is not truly a consideration valuable consideration : a consideration that confers some benefit having pecuniary value on one party to a contract or imposes a detriment having pecuniary value on the other
Learn More about consideration
Seen and Heard
What made you want to look up consideration? Please tell us where you read or heard it (including the quote, if possible).