Value Received

Value Received in United States

Value Received 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.

Value Received in Foreign Legal Encyclopedias

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Value Received Value Received in the World Legal Encyclopedia.
Value Received Value Received in the European Legal Encyclopedia.
Value Received Value Received in the Asian Legal Encyclopedia.
Value Received Value Received in the UK Legal Encyclopedia.
Value Received Value Received in the Australian Legal Encyclopedia.

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Browse the American Encyclopedia of Law for Value Received

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Value Received Value Received in the Family Law Portal of the American Encyclopedia of Law.
Value Received Value Received in the IP Portal of the American Encyclopedia of Law.
Value Received Value Received in the Commercial Law Portal of the American Encyclopedia of Law.
Value Received Value Received in the Criminal Law Portal of the American Encyclopedia of Law.
Value Received Value Received in the Antritrust Portal of the American Encyclopedia of Law.
Value Received Value Received in the Bankruptcy Law Portal of the American Encyclopedia of Law.
Value Received Value Received in the Constitutional Law Portal of the American Encyclopedia of Law.
Value Received Value Received in the Tax Law Portal of the American Encyclopedia of Law.
Value Received Value Received in the and Finance and Banking Portal of the American Encyclopedia of Law.
Value Received Value Received in the Employment and Labor Portal of the American Encyclopedia of Law.
Value Received Value Received in the Personal Injury and Tort Portal of the American Encyclopedia of Law.
Value Received Value Received in the Environmental Law Portal of the American Encyclopedia of Law.

Explore other Reference Works

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Value Received in the Dictionaries Value Received in our legal dictionaries
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Value Received related entries Find related entries of Value Received

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Legal Issue for Attorneys

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.

Notice

This definition of Value Received is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.


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