Usually means: Lack or failure of payment.
Definitions Related words Mentions
We found 11 dictionaries that define the word Failure of consideration:

General (2 matching dictionaries)
  1. failure of consideration: Dictionary.com
  2. Failure of consideration: Wikipedia, the Free Encyclopedia

Business (7 matching dictionaries)
  1. failure of consideration: Merriam-Webster Legal Dictionary
  2. failure of consideration: Law.com Dictionary
  3. Everybody's Legal Dictionary (No longer online)
  4. Glossary of Legal Terms (No longer online)
  5. Failure of Consideration: Legal dictionary
  6. Failure of consideration, Failure of consideration: Financial dictionary

Computing (1 matching dictionary)
  1. Failure of consideration: Encyclopedia

Medicine (1 matching dictionary)
  1. Failure of consideration: Medical dictionary

Definitions from Wikipedia (Failure of consideration)

noun:  a technical legal term referring to situations in which one person confers a benefit upon another upon some condition or basis ("consideration") which fails to materialise or subsist.

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