| Term or phrase | Literal translation | Definition and use |
|---|---|---|
| quantum valebant | as much as they were worth | Under Common Law, i.e. a remedy to compute reasonable damages when a contract has been breached—the implied promise of payment of a reasonable price for goods. In contract law, for requirements of consideration, reasonable worth for goods delivered. Usage: quantum meruit has replaced quantum valebant in consideration; in the case of contract remedy, quantum valebant is being used less, and could be considered to be obsolete. |

