What is the equivalent for &quot;Consideration&quot; (English common law) in Spanish speaking countries?
<p>Consideration is a <em>concept</em> of English common law and is a necessity for simple contracts.</p>

<p><strong>Consideration</strong> may be thought of as the concept of value offered and accepted by people or organisations entering into contracts. Anything of value promised by one party to the other when making a contract can be treated as "consideration": for example, if A signs a contract to buy a car from B for $5,000, A's consideration is the $5,000, and B's consideration is the car.</p>

<p>Translating into "<em>Consideración</em>" just does not work at all, there must be a <em>concept</em> to explain the same in Latin-American Countries. For instance, how do you call this in Mexico, Argentina, Chile, Peru, Bolivia, Colombia, etc.? Or in Spain?</p>

<p>Any hint is very welcome.</p>

<blockquote>
  <p>What is the equivalent for “Consideration” (English common law) in Spanish speaking countries?</p>
</blockquote>

<p>Prestación. </p>

<p>Perhaps not all Spanish speaking countries adopt a one-word term, but the notion of consideration definitely exists in civil law. It is quite mistaken to presume that the concept is unique to common law systems.</p>

<p>The Civil Code of both <a href="https://boe.es/buscar/pdf/1889/BOE-A-1889-4763-consolidado.pdf" rel="nofollow noreferrer">Spain</a> (see art. 1257) and <a href="https://www.oas.org/dil/esp/C%C3%B3digo%20Civil%20Federal%20Mexico.pdf" rel="nofollow noreferrer">México</a> (art. 1793) are in terms of "<em>transmission or transfer of rights</em>", which fits the meaning of <em>consideration</em>.</p>

<p>The Civil Code of Spain in its art. 1254 refers to "<em>[consent] to give something or perform [prestar] a service</em>" (brackets added for clarity), whence the term <em>prestación</em> qualifies as <em>consideration</em> in several --if not all-- types of contract. In fact, article 1274 literally mentions "<em>prestación or promise</em>".</p>

<blockquote>
  <p><sub><strong>Consideration</strong> is a <em>concept</em> of English common law and is a necessity for simple contracts.</sub></p>
  
  <p><sub>Consideration may be thought of as the concept of value offered and accepted by people or organisations entering into contracts. Anything of value promised by one party to the other when making a contract can be treated as "consideration": for example, if A signs a contract to buy a car from B for $5,000, A's consideration is the $5,000, and B's consideration is the car.</sub></p>
  
  <p><sub>Translating into "<em>Consideración</em>" just does not work at all, there must be a <em>concept</em> to explain the same in Latin-American Countries. For instance, how do you call this in Mexico, Argentina, Chile, Peru, Bolivia, Colombia, etc.? Or in Spain?</sub></p>
  
  <p><sub>Any hint is very welcome.</sub></p>
</blockquote>

<p><a href="/questions/tagged/spain" class="post-tag" title="show questions tagged &#39;spain&#39;" rel="tag">spain</a></p>

<p>There is no required tradition to be followed (in line with <a href="https://law.stackexchange.com/a/42779/27096">this</a>).<br>
In a <em>negocio</em> of <em>oneroso</em> and <em>lucrativo</em> nature, if you still want to make it both fancier and clearer, it's explicitly enough to write about the <strong><em>bienes y/o derechos controvertidos</em></strong>.</p>

<p>In your example, B's car is all of the <em>bienes controvertidos de parte de B en el negocio</em>.</p>

<p>With regards to a, whenever used, <em>contraprestación pecuniaria</em>, either <em>A aporta 5.000,00 dólares <code>PAÍS</code> en concepto de bienes controvertidos</em> (for cash in hand, wire transfer, etc.) or <em>A transmite un derecho de cobro de 5.000,00 dólares <code>PAÍS</code> en concepto de bienes controvertidos</em> (in case of broader credit).</p>

<p><em>En virtud del presente contrato</em>, you can add to it if you want.</p>

contract-law common-law translation mexico