Consideration (noun)

1. Thought or consideration given to something.
2. Careful thought, typically over a period of time.
3. A matter taken into account in making a decision or reaching a judgement.
4. A payment, fee, or other compensation made to someone in return for something.

Origin:

Late middle english: from old french, or from latin consideratio(n-), from the verb considerare (see consider).

Examples:

1. The proposal is under consideration.
2. The company is under consideration for the contract.
3. We will take your suggestions into consideration.
4. The proposal was rejected without consideration.
5. The company offered a considerable sum as a consideration for the deal.