Consideration is typical of common law systems. Under Brazilian law, consideration is not required in order for a contract to be enforceable. Thus, in Brazil, a gift ("doação") is an enforceable contract although it has no element of consideration.
There are multiple definitions - click on the translation that matches your context.
a paragraph or section of a contract that states what is to be given or promised by one party in exchange for the promise or action of the other
The court ruled that the consideration clause was clear enough to find that there was a contract.
the clause in an insurance contract that states the amount of the initial and renewal premiums and when future payments must be made
This should have been clearly stated in the consideration clause of the life insurance policy.