TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PURCHASER VALUABLE CONSIDERATION [1 record]

Record 1 2013-05-03

English

Subject field(s)
  • PAJLO
  • Property Law (common law)
DEF

One who pays consideration for property or goods bought. (Black's, 6th ed., 1990, p. 1236).

OBS

Purchaser for value. The words "for value" are included to show that value must have been given, because "purchaser" in its technical sense does not necessarily imply this. "Value" does not necessarily mean full value. It means any consideration in money, money's worth (e.g. other land, or stocks and shares, or services) or marriage. (Megarry and Wade, 4th ed., 1975, p. 116).

French

Domaine(s)
  • PAJLO
  • Droit des biens et de la propriété (common law)
OBS

acquéreur à titre onéreux : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).

Spanish

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