Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
future consideration
1. Consideration to be given in the future; esp., consideration that is due after the other party's performance. 2. Consideration that is a series of performances, some of which will occur after the other party's performance. 3. Consideration the specifics of which have not been agreed on between the parties. Cf. past consideration. "It is helpful to observe precision in use of vocabulary when analyzing consideration issues. Distinguish carefully between 'adequate' consideration and 'sufficient' consideration. 'Adequacy' rfers to whether there was a fair bargain involving an exchange of equal values. 'Sufficiency' refers to whether the consideration is legally sufficient to enforce a promise, and this requires only that there be some legal detriment incurred as a bargained exchange for the other party's promise." Claude Rohwer & Gordon D. Schaber, Contracts in a Nutshell 83 (4th ed. 1997).
future consideration.
See CONSIDERATION