How is Financial Consideration defined in a legal contract?
- Financial Consideration means value that is exchanged directly or indirectly through sales, barter, trade, fees, charges, dues, contributions or donations. Seen in 32 SEC filings
- Financial Consideration means value that is given or received. Seen in 18 SEC filings
- Financial Consideration means value that is given or received directly or indirectly through sales, fees, charges, dues, contributions or donations. Seen in 7 SEC filings
Please note that any specific organization, clause, appendix, or schedule mentioned in the original definitions has been replaced with a general term to make the definitions universal.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of financial consideration' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Financial Consideration means the exchange of value, directly or indirectly, through a variety of transaction types.
Relevant Contract Types
Relevant Circumstances
- Mergers and acquisitions
- Equity financing
- Debt financing
Relevant Sectors
Genie Definition 2
- Financial Consideration means the receipt or giving of value.
Relevant Contract Types
Relevant Circumstances
- Hiring of employees or contractors
- Purchase or sale of services
- Licensing agreements
Relevant Sectors
Are you creating, reviewing or negotiating a document?
🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)
Financial Consideration means the exchange of value, directly or indirectly, through a variety of transaction types
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
