Legal Definitions - continuing consideration

Definition: Continuing consideration is an act or performance that extends over time and is part of a contract. It is something that motivates a person to engage in a legal act, such as an act, a forbearance, or a return promise.

Example: A company hires an employee and agrees to pay them a salary every month. The salary is the continuing consideration in this contract, as it is an act that extends over time and motivates the employee to work for the company.

This example illustrates how continuing consideration is an essential part of a contract. Without it, the contract would not be enforceable. The promise of a salary motivates the employee to work for the company, and the company is obligated to pay the salary as part of the contract.