Consideration

(-sed-ür-a's hun.) [From L. con side ratio.] (Law.) The material cause or ground of a contract, without which the party contracting would not be bound. A C. is either expre or implied: expre , when the thing to be done or given is specified; implied, when no specific C. is agreed upon, but justice requires it, and the law implies it; as when a man labors for another, without stipulating for wages, the law infers that he shall receive a reasonable C. Also, a C. is either valuable, that is, for money or an equivalent, or of natural affection, certain degrees of relationship being a C. for a gift. [s. 220]