reasonably equivalent value
- reasonably equivalent value
-
reasonably equivalent value n: value that is a fair amount for property transferred by a debtor esp. in bankruptcy and that is not therefore evidence of a fraudulent conveyance
see also fair consideration at consideration
Merriam-Webster’s Dictionary of Law.
Merriam-Webster.
1996.
Look at other dictionaries:
Value added tax — Taxation An aspect of fiscal policy … Wikipedia
Shapley value — In game theory, a Shapley value, named in honour of Lloyd Shapley, who introduced it in 1953, describes one approach to the fair allocation of gains obtained by cooperation among several actors.The setup is as follows: a coalition of actors… … Wikipedia
consideration — con·sid·er·a·tion n: something (as an act or forbearance or the promise thereof) done or given by one party for the act or promise of another see also contract compare motive ◇ Except in Louisiana, consideration is a necessary element to the… … Law dictionary
Fraudulent conveyance — A fraudulent conveyance, also fraudulent transfer is a civil cause of action. It arises in debtor/creditor relations, particularly with reference to insolvent debtors. The cause of action is typically brought by creditors or by bankruptcy… … Wikipedia
Fraudulent Transfer Act — Act allowing a creditor to sue a debtor who intended to defraud a creditor by transferring property to another person without receiving reasonably equivalent value in return. In other words, if a business does not pay off its debts before selling … Law dictionary
Multimeter — A digital multimeter A multimeter or a multitester, also known as a VOM (Volt Ohm meter), is an electronic measuring instrument that combines several measurement functions in one unit. A typical multimeter may include features such as the ability … Wikipedia
Principal components analysis — Principal component analysis (PCA) is a vector space transform often used to reduce multidimensional data sets to lower dimensions for analysis. Depending on the field of application, it is also named the discrete Karhunen Loève transform (KLT),… … Wikipedia
Principal component analysis — PCA of a multivariate Gaussian distribution centered at (1,3) with a standard deviation of 3 in roughly the (0.878, 0.478) direction and of 1 in the orthogonal direction. The vectors shown are the eigenvectors of the covariance matrix scaled by… … Wikipedia
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
damages — A pecuniary compensation or indemnity, which may be recovered in the courts by any person who has suffered loss, detriment, or injury, whether to his person, property, or rights, through the unlawful act or omission or negligence of another. A… … Black's law dictionary