valuable

valuable
Of financial or market value; commanding or worth a good price; of considerable worth in any respect, whether monetary or intrinsic
@ valuable consideration
A class of consideration upon which a promise may be founded, which entitles the promisee to enforce his claim against an unwilling promisor. For contract, may consist either in some right, interest, profit, or benefit accruing to one party, or some forbearance, detriment, loss, or responsibility given, suffered, or undertaken by the other. Atherton v. Atherton, Mo.App., 480 S.W.2d 513, 518.
A gain or loss to either party is not essential, it is sufficient if the party in whose favor the contract is made parts with a right which he might otherwise exert. Miller Ice Co. v. Crim, 299 Ill.App. 615, 20 N.E.2d 347.
It need not be translatable into dollars and cents, but is sufficient if it consists of performance, or promise thereof, which promisor treats and considers of value to him. It is not essential that the person to whom the consideration moves should be benefited, provided the person from whom it moves is, in a legal sense, injured. The injury may consist of a compromise of a disputed claim or forbearance to exercise a legal right, the alteration in position being regarded as a detriment that forms a consideration independent of the actual value of the right forborne. Mutual promises in contract is sufficient.
See also consideration
@ valuable improvements
As used in a statute relating to the specific performance of a parol contract for the purchase of real estate, improvements of such character as add permanent value to the freehold, and such as would not likely be made by one not claiming the right to the possession and enjoyment of the freehold estate. Improvements of a temporary and unsubstantial character will not amount to such part performance as, when accompanied by possession alone, will take the contract out of the operation of the statute of frauds. The valuable improvements may, however, be slight and of small value, provided they are substantial and permanent in their nature, beneficial to the freehold, and such as none but an owner would ordinarily make
@ valuable papers
This term as used in statute requiring that a holographic will devising realty be found among the "valuable papers" of decedent, in order to be effective, refers to such papers as are regarded by the testator as worthy of preservation and therefore in his estimation of some value. Fransioli v. Podesta, 21 Tenn. App. 577, 113 S.W.2d 769, 773, 777.
And does not refer only to papers having money value. Pulley v. Cartwright, 23 Tenn.App. 690, 137 S.W.2d 336, 340
@

Black's law dictionary. . 1990.

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  • valuable — val‧u‧a‧ble [ˈvæljuəbl, jbl ǁ ˈvæljbl] adjective worth a lot of money: • The falling dollar makes US company profits less valuable. • The fuel oil will be converted into more valuable products, such as gasoline. * * * valuable UK US… …   Financial and business terms

  • Valuable — Val u*a*ble, a. 1. Having value or worth; possessing qualities which are useful and esteemed; precious; costly; as, a valuable horse; valuable land; a valuable cargo. [1913 Webster] 2. Worthy; estimable; deserving esteem; as, a valuable friend; a …   The Collaborative International Dictionary of English

  • valuable — I adjective above par, advantageous, beneficial, choice, commanding a good price, costly, dear, desirable, edifying, effective, effectual, efficacious, esteemed, estimable, excellent, expensive, favorable, fine, gainful, good, helpful, important …   Law dictionary

  • valuable — (adj.) 1580s, from VALUE (Cf. value) (v.) + ABLE (Cf. able). As a noun, a valuable thing, from 1775 (in modern use often in plural) …   Etymology dictionary

  • valuable — [adj] very important; priceless admired, appreciated, beneficial, cherished, collectible, costly, dear, esteemed, estimable, expensive, heirloom, held dear, helpful, high priced, hot*, hot property*, important, in demand, inestimable, invaluable …   New thesaurus

  • valuable — ► ADJECTIVE 1) worth a great deal of money. 2) extremely useful or important. ► NOUN (valuables) ▪ valuable items. DERIVATIVES valuably adverb …   English terms dictionary

  • valuable — [val′yə bəl, val′yo͞o ə bəl] adj. 1. a) having material value; being worth money b) having great value in terms of money [a valuable diamond] 2. of great merit, use, or service; highly important, esteemed, etc. n. an article of value, esp. one of …   English World dictionary

  • Valuable — Val u*a*ble, n. A precious possession; a thing of value, especially a small thing, as an article of jewelry; used mostly in the plural. [1913 Webster] The food and valuables they offer to the gods. Tylor. [1913 Webster] …   The Collaborative International Dictionary of English

  • valuable — adj precious, invaluable, priceless, *costly, expensive, dear Analogous words: estimated, appraised, evaluated (see ESTIMATE): valued, appreciated, prized, treasured (see APPRECIATE): esteemed, admired, respected (see corresponding verbs under… …   New Dictionary of Synonyms

  • valuable — val|u|a|ble [ væljəbl ] adjective *** 1. ) worth a lot of money: The necklace is interesting but not very valuable. a valuable antique 2. ) very useful and important: The job gave her an opportunity to gain valuable experience. valuable… …   Usage of the words and phrases in modern English

  • valuable */*/*/ — UK [ˈvæljʊb(ə)l] / US [ˈvæljəb(ə)l] adjective 1) worth a lot of money The necklace is not very valuable. a valuable antique 2) a) very useful and important The job gave her an opportunity to gain valuable experience. valuable… …   English dictionary

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