What does “takes for value” mean? [on hold]

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What does the phrase "takes for value" mean.
Would it mean like buying something?










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Donon is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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put on hold as unclear what you're asking by Hot Licks, Michael Harvey, Lawrence, k1eran, tchrist 9 hours ago


Please clarify your specific problem or add additional details to highlight exactly what you need. As it's currently written, it’s hard to tell exactly what you're asking. See the How to Ask page for help clarifying this question. If this question can be reworded to fit the rules in the help center, please edit the question.














  • 2





    It would mean, like, you didn't give us any context.

    – Hot Licks
    12 hours ago











  • @HotLicks here's what I was reading. "The latter does not avail against a subsequent purchaser of the asset who takes for value and without notice of his transferor's breach of duty.

    – Donon
    11 hours ago











  • @HotLicks hope you could help. English is a second language to me.

    – Donon
    11 hours ago






  • 1





    Hello and welcome to EL&U. Stack Exchange (SE) has various communities focused on the core interests described in their respective tour documents. When you ask a question on SE, you are expected to have tried to solve the problem first, to show what you’ve found so far, and to say why you need more - this is termed ‘research’ in SE. If your question is about law, consider asking for your question to be migrated to Law. You should read their version of the tour and help center pages first, though.

    – Lawrence
    10 hours ago













  • That's legal gobbledygook. You'd need a lawyer to interpret it.

    – Hot Licks
    8 hours ago
















-4















What does the phrase "takes for value" mean.
Would it mean like buying something?










share|improve this question







New contributor




Donon is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.











put on hold as unclear what you're asking by Hot Licks, Michael Harvey, Lawrence, k1eran, tchrist 9 hours ago


Please clarify your specific problem or add additional details to highlight exactly what you need. As it's currently written, it’s hard to tell exactly what you're asking. See the How to Ask page for help clarifying this question. If this question can be reworded to fit the rules in the help center, please edit the question.














  • 2





    It would mean, like, you didn't give us any context.

    – Hot Licks
    12 hours ago











  • @HotLicks here's what I was reading. "The latter does not avail against a subsequent purchaser of the asset who takes for value and without notice of his transferor's breach of duty.

    – Donon
    11 hours ago











  • @HotLicks hope you could help. English is a second language to me.

    – Donon
    11 hours ago






  • 1





    Hello and welcome to EL&U. Stack Exchange (SE) has various communities focused on the core interests described in their respective tour documents. When you ask a question on SE, you are expected to have tried to solve the problem first, to show what you’ve found so far, and to say why you need more - this is termed ‘research’ in SE. If your question is about law, consider asking for your question to be migrated to Law. You should read their version of the tour and help center pages first, though.

    – Lawrence
    10 hours ago













  • That's legal gobbledygook. You'd need a lawyer to interpret it.

    – Hot Licks
    8 hours ago














-4












-4








-4








What does the phrase "takes for value" mean.
Would it mean like buying something?










share|improve this question







New contributor




Donon is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.












What does the phrase "takes for value" mean.
Would it mean like buying something?







meaning






share|improve this question







New contributor




Donon is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.











share|improve this question







New contributor




Donon is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.









share|improve this question




share|improve this question






New contributor




Donon is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.









asked 12 hours ago









DononDonon

1




1




New contributor




Donon is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.





New contributor





Donon is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.






Donon is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.




put on hold as unclear what you're asking by Hot Licks, Michael Harvey, Lawrence, k1eran, tchrist 9 hours ago


Please clarify your specific problem or add additional details to highlight exactly what you need. As it's currently written, it’s hard to tell exactly what you're asking. See the How to Ask page for help clarifying this question. If this question can be reworded to fit the rules in the help center, please edit the question.









put on hold as unclear what you're asking by Hot Licks, Michael Harvey, Lawrence, k1eran, tchrist 9 hours ago


Please clarify your specific problem or add additional details to highlight exactly what you need. As it's currently written, it’s hard to tell exactly what you're asking. See the How to Ask page for help clarifying this question. If this question can be reworded to fit the rules in the help center, please edit the question.










  • 2





    It would mean, like, you didn't give us any context.

    – Hot Licks
    12 hours ago











  • @HotLicks here's what I was reading. "The latter does not avail against a subsequent purchaser of the asset who takes for value and without notice of his transferor's breach of duty.

    – Donon
    11 hours ago











  • @HotLicks hope you could help. English is a second language to me.

    – Donon
    11 hours ago






  • 1





    Hello and welcome to EL&U. Stack Exchange (SE) has various communities focused on the core interests described in their respective tour documents. When you ask a question on SE, you are expected to have tried to solve the problem first, to show what you’ve found so far, and to say why you need more - this is termed ‘research’ in SE. If your question is about law, consider asking for your question to be migrated to Law. You should read their version of the tour and help center pages first, though.

    – Lawrence
    10 hours ago













  • That's legal gobbledygook. You'd need a lawyer to interpret it.

    – Hot Licks
    8 hours ago














  • 2





    It would mean, like, you didn't give us any context.

    – Hot Licks
    12 hours ago











  • @HotLicks here's what I was reading. "The latter does not avail against a subsequent purchaser of the asset who takes for value and without notice of his transferor's breach of duty.

    – Donon
    11 hours ago











  • @HotLicks hope you could help. English is a second language to me.

    – Donon
    11 hours ago






  • 1





    Hello and welcome to EL&U. Stack Exchange (SE) has various communities focused on the core interests described in their respective tour documents. When you ask a question on SE, you are expected to have tried to solve the problem first, to show what you’ve found so far, and to say why you need more - this is termed ‘research’ in SE. If your question is about law, consider asking for your question to be migrated to Law. You should read their version of the tour and help center pages first, though.

    – Lawrence
    10 hours ago













  • That's legal gobbledygook. You'd need a lawyer to interpret it.

    – Hot Licks
    8 hours ago








2




2





It would mean, like, you didn't give us any context.

– Hot Licks
12 hours ago





It would mean, like, you didn't give us any context.

– Hot Licks
12 hours ago













@HotLicks here's what I was reading. "The latter does not avail against a subsequent purchaser of the asset who takes for value and without notice of his transferor's breach of duty.

– Donon
11 hours ago





@HotLicks here's what I was reading. "The latter does not avail against a subsequent purchaser of the asset who takes for value and without notice of his transferor's breach of duty.

– Donon
11 hours ago













@HotLicks hope you could help. English is a second language to me.

– Donon
11 hours ago





@HotLicks hope you could help. English is a second language to me.

– Donon
11 hours ago




1




1





Hello and welcome to EL&U. Stack Exchange (SE) has various communities focused on the core interests described in their respective tour documents. When you ask a question on SE, you are expected to have tried to solve the problem first, to show what you’ve found so far, and to say why you need more - this is termed ‘research’ in SE. If your question is about law, consider asking for your question to be migrated to Law. You should read their version of the tour and help center pages first, though.

– Lawrence
10 hours ago







Hello and welcome to EL&U. Stack Exchange (SE) has various communities focused on the core interests described in their respective tour documents. When you ask a question on SE, you are expected to have tried to solve the problem first, to show what you’ve found so far, and to say why you need more - this is termed ‘research’ in SE. If your question is about law, consider asking for your question to be migrated to Law. You should read their version of the tour and help center pages first, though.

– Lawrence
10 hours ago















That's legal gobbledygook. You'd need a lawyer to interpret it.

– Hot Licks
8 hours ago





That's legal gobbledygook. You'd need a lawyer to interpret it.

– Hot Licks
8 hours ago










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