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

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.

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