The Everyday Dictionary of Law

The Everyday Dictionary of Law provides legal vocabulary currently in use in common law jurisdictions such as most notably, in the United States. The dictionary is compiled specifically for commercial and intellectual property law practitioners, which provides simple definitions and meanings in American English, for legal terms (including Latin terms) used in formal correspondence, court proceedings, and motion practice as well as common language words that are frequently used in the same. It is a simple reference guide for attorneys, paralegals as well as casual readers who need to check the meaning of a particular legal term in due course of their work.

Disclaimer:

The information provided by Carthaginian Ventures Private Limited d/b/a Copperpod IP (“we,” “us” or “our”) on this site is for general informational purposes only. All information on the website is provided in good faith, however, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the site. Under no circumstance shall we have any liability to you for any loss or damage of any kind incurred as a result of the use of the site or reliance on any information provided on the site. Your use and  and reliance on any information on the site constitutes your understanding, acceptance and agreement of these terms and conditions.

quantum valebant

/kwɒntəm væləbænt/
/kwɑntəm væləbænt/

Definition:

Latin for "as much as they were worth". Under Common Law, a remedy to compute reasonable damages when a contract has been breached – the implied promise of payment of a reasonable price for goods. In contract law, for requirements of consideration, reasonable worth for goods delivered. Quantum meruit has replaced quantum valebant in consideration; in the case of contract remedy, quantum valebant is being used less, and could be considered obsolete.