A "thing of value" refers to any item or benefit that holds worth in a legal context, particularly in cases of extortion. This can include tangible items like money or checks, as well as intangible benefits such as services or favors. The term is often used in criminal law to describe what can be unlawfully obtained through coercion or threats.
The term "thing of value" is primarily used in criminal law, especially in extortion cases. It defines what can be unlawfully sought or taken from a victim through intimidation or threats. Understanding this term is essential for individuals involved in legal matters related to extortion, fraud, or other crimes involving coercion. Users can find legal templates on US Legal Forms to assist in navigating these situations effectively.
Here are a couple of examples of abatement:
Example 1: A person threatens to expose damaging information about another unless they are paid a sum of money. In this case, the money is a "thing of value."
Example 2: A person demands sexual favors in exchange for not reporting a crime. Here, the sexual favors are considered a "thing of value" under certain extortion laws. (hypothetical example)
Examples of state differences (not exhaustive):
| State | Definition of "Thing of Value" |
|---|---|
| California | Includes both tangible and intangible items, such as services. |
| New York | Similar to California, but emphasizes monetary value more strongly. |
| Texas | Focuses on items that can be legally owned or controlled. |
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
| Term | Definition | Key Differences |
|---|---|---|
| Extortion | The act of obtaining something of value through threats. | Extortion specifically involves coercion, while "thing of value" can refer to any item sought. |
| Theft | The unlawful taking of someone else's property. | Theft does not require coercion, while extortion does. |
If you believe you are a victim of extortion involving a "thing of value," consider the following steps:
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It can be money, goods, services, or anything else that holds worth.