new value


: something of value (as money, goods, services, credit, or release of previously transferred property) that is newly given

Note: A transfer by a debtor to a creditor that is intended as a contemporaneous exchange for new value and not as satisfaction for a preexisting debt may not be avoided by a trustee in bankruptcy as a voidable preference.

Dictionary Entries Near new value

Cite this Entry

“New value.” Legal Dictionary, Merriam-Webster, Accessed 24 May. 2024.

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