purchaser for value


purchaser for value
A purchaser under a contract based upon a valuable consideration. 17 Am J2d Contr § 85. A person who acquires property in consideration of the complete satisfaction and discharge of an antecedent debt is a purchaser for value, according to the weight of numerical authority. Noe v Smith, 67 Okla 211, 169 P 1109.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • purchaser for value — n. A person who gives valuable consideration in exchange for the item purchased. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • bona fide purchaser for value — USA bona fide purchaser, Also known as BFP, bona fide purchaser for value, good faith purchaser, innocent purchaser for value, purchaser in good faith …   Law dictionary

  • innocent purchaser for value — USA bona fide purchaser, Also known as BFP, bona fide purchaser for value, good faith purchaser, innocent purchaser for value, purchaser in good faith …   Law dictionary

  • Innocent Purchaser For Value — Someone who unknowingly purchases assets that have been involved in fraud. An innocent purchaser for value can exist in any number of situations, from the buying of real estate to the buyings of art. Because the purchaser lacked knowledge of the… …   Investment dictionary

  • subsequent purchaser for value — See bona fide purchaser …   Ballentine's law dictionary

  • for value — For consideration. See purchaser for value; trust for value …   Ballentine's law dictionary

  • purchaser in good faith — USA bona fide purchaser, Also known as BFP, bona fide purchaser for value, good faith purchaser, innocent purchaser for value, purchaser in good f …   Law dictionary

  • value — val·ue 1 / val yü/ n 1 a: a fair return or equivalent in goods, services, or money for something exchanged received good value for the price b: valuable consideration at consideration …   Law dictionary

  • Value (law) — Value within the context of law, particularly with respect to contracts, is a concept closely related, but not identical, to that of consideration.At common law, certain transferrable obligations were only enforceable if the transferee had… …   Wikipedia

  • value — The utility of an object in satisfying, directly or indirectly, the needs or desires of human beings, called by economists value in use, or its worth consisting in the power of purchasing other objects, called value in exchange. Joint Highway… …   Black's law dictionary


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