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Từ vựng:

not for value

Giải nghĩa:

/nɑt fɔr vælju/ – Phrase


Definition: không phải trả tiền.

A more thorough explanation: “Not for value” is a term used in legal contexts to indicate that something is being done or exchanged without any monetary consideration or value in return. It typically signifies that the transaction is being carried out for a non-monetary purpose or without the intention of receiving any financial benefit.

Example: The defendant transferred the property to the plaintiff not for value, but as a gift.