对价

對價

duìjià

noun

Meanings

1 consideration (law, in a contract)
2 quid pro quo
3 consideration paid in exchange for shares

Characters

opposite / in exchange

Examples

HSK 7-9

合同中必须明确对价条款。

Hétong zhōng bìxū míngquè duìjià tiáokuǎn.

The consideration clause must be clearly stated in the contract.

HSK 7-9

股权分置改革中的对价安排很复杂。

Gǔquán fēnzhì gǎigé zhōng de duìjià ānpái hěn fùzá.

The consideration arrangements in the split-share structure reform are complex.

Tips

usage

对价 is a common-law loan concept imported into Chinese contract law - 'something of value exchanged for the promise'. In Chinese stock-market history it specifically refers to compensation non-tradable shareholders paid tradable shareholders during the 2005-2007 split-share reform.

Stroke Order

对 duì

价 jià