An act done or a promise given by a promisee before making a promise sought to be enforced. • Past consideration is not consideration for the new promise because it has not been given in exchange for this promise (although exceptions exist for new promises to pay debts barred by limitations or debts discharged in […]
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past consideration 过去的对价；以往的对价 合同订立前已完成的行为一般不能作为允诺的对价，因为这不是对新允诺的交换，过去的对价对要约人无益，对受约人也无损，但也有例外，如对已逾时效的旧债或已经破产程序解除的债务作出同意还债的新允诺。 (→preexisting duty；future consideration)
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A consideration that has been wholly given; past consideration as opposed to present or future consideration. [Cases: Contracts 78. C.J.S. Contracts § 92.]
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