Legal Definition and Related Resources of Value Received
Meaning of Value Received
It is a phrase frequently occurring in bills of exchange, particularly promissory notes, and denotes that the bill has been given in exchange for valuable consideration.
Value Received Alternative Definition
A phrase usually employed in a bill of exchange or promissory note, to denote that a consideration has been given for it. The expression value received, when put in a bill of exchange, will bear two interpretations, the drawer of the bill may be presumed to acknowledge the fact that he has received value of the payee (3 Maule & S. 351) , or when the bill has been made payable to the order of the drawer, it implies that value has been received by the acceptor (6 Maule & S. 65). In a promissory note, Uie expression imports value received from the payea 5 Bam. & C. 360. See 5 Wheat. (U. S.) 282.
Related Entries of Value Received in the Encyclopedia of Law Project
Browse or run a search for Value Received in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Value Received in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Value Received in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Value Received in the Legal Abbreviations and Acronyms Dictionary.
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| Resource | Description |
|---|---|
| Value Received in the Dictionary | Value Received in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Value Received |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Value Received in the World Encyclopedia of Law |
Notice
This definition of Value Received is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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| https://legaldictionary.lawin.org/value-received/ | The URI of Value Received (more about URIs) |
Value received in Law Enforcement
Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of value received.
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See Also
- Law Enforcement Officer
- Police
- Law Enforcement Agency
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