failure of consideration
: the neglect, refusal, or failure of a party to a contract to perform as promised or furnish the consideration promised
also
: the extinguishment of the consideration or of the worth of the consideration promised
Dictionary Entries Near failure of consideration
Cite this Entry
“Failure of consideration.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/failure%20of%20consideration. Accessed 29 Nov. 2024.
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