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LSDefine

Simple English definitions for legal terms

debt retirement

Read a random definition: credit memorandum

A quick definition of debt retirement:

Debt retirement refers to the process of paying back money that was borrowed. This can include paying off the original amount borrowed, as well as any interest that has accrued over time. When someone takes out a loan or uses a credit card, they are taking on debt that will need to be retired at some point. Debt retirement can be done in regular installments over time, or in one lump sum payment. It is important to manage debt carefully to avoid financial difficulties in the future.

A more thorough explanation:

Definition: Debt retirement refers to the repayment of debt.

Debt Security: A debt security is a financial instrument that represents a loan made by an investor to a borrower. Examples of debt securities include bonds, notes, and debentures.

Debt Service: Debt service refers to the funds needed to meet a long-term debt's annual interest expenses, principal payments, and sinking-fund contributions. It also includes payments due on a debt, including interest and principal.

Example: If a company takes out a loan to purchase new equipment, they will need to make regular payments to the lender to retire the debt. These payments will include both interest and principal, and will continue until the entire debt has been repaid.

Explanation: The example illustrates the concept of debt retirement by showing how a company must make regular payments to retire a debt. These payments include both interest and principal, and continue until the entire debt has been repaid.

debt ratio | debt-to-equity ratio

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18:17
Im in the [spread] sheets locked [tf] in
what do you guys think about nova southeastern is it a decent school
AngryMiniCar
10:09
I saw someone got a full-ride in exchange for deferring. I didn't even know that was a thing? Has it happened to anyone else?
AngryMiniCar
10:12
@GatorNation: I don't know that school all that well. But it's ranked really low and usually rankings don't matter much if you're just trying to practice. But I'd be careful and look on reddit. Cause some of these schools can be highkey predatory.
AngryMiniCar
10:15
Like some schools have a conditional scholarship that they take away from you at the drop of a hat and no faculty support in 1L so a lot of people get fucked. I know someone who got screwed by Western New England. Not saying that it is just that I wouldn't think of making it my go-to without digging into it.
10:23
Ok thank you!
10:35
check the 509 report, should show bar passage rate, employment data, and percent of students that retained their scholarship after 1L
lolla after show tickets used to be $20 and now they're fucking $70
I HATE U MUSIC INDUSTRY I HATE U LIVENATION
@GatorNation: are you trying to stay/go to florida for school?
Mostlylegal
11:43
im retiring from lsd yall,
Mostlylegal
11:43
thank you all for the laughs
Mostlylegal
11:44
let this be my formal termination notice
oh no
Mostly where are you going
hey alexa play you'll be black from hamilton
**back
NosyBeagle
12:13
hamilton but he frees the slaves and has to figure out what their racial demographics are for the census
12:17
has anybody compiled the transfer median gpas for law schools anywhere
12:18
instead of having to check each schools 509
12:24
@c0bra1: not that I've seen
12:24
lame
12:24
I think the transfer reddit had a spreadsheet at one point but it's a few years old
@NosyBeagle: I almost fell out of my chair
globalcitizen
13:46
Anyone read annihilation
NosyBeagle
14:40
@windyMagician: I'll be here all week
15:02
yo
15:02
i was training this new girl & she quit on second day
15:03
goin on 6 mo no word from notre dame
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