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LSDefine

Simple English definitions for legal terms

distribution

Read a random definition: Dodd-Frank: Title XV - Miscellaneous Provisions

A quick definition of distribution:

Distribution: When someone dies and leaves behind a will or trust, their assets are divided among the people they named in the document. This is called distribution. It can also refer to when a company pays out profits to its shareholders or when an investment company sells securities and gives the profits to its investors. In an initial public offering, the underwriter sells the securities issued by a corporation.

A more thorough explanation:

Distribution

Distribution refers to the act of dividing assets among beneficiaries as specified in a trust or will by a court. It can also refer to:

When a person creates a trust or will, they may specify how their assets should be distributed among their beneficiaries. For example, a person may leave their house to their children and divide their savings equally among their grandchildren.

When an investment company sells securities, they may distribute the capital gains to their shareholders. For example, if an investment company sells stocks for a profit, they may distribute a portion of that profit to their shareholders.

When a corporation makes a profit, they may distribute some of that profit to their shareholders as dividends. For example, if a corporation makes $1 million in profit, they may distribute $100,000 to their shareholders as dividends.

During an initial public offering, an underwriter may distribute securities issued by a corporation to investors. For example, if a corporation issues 1 million shares during an IPO, the underwriter may distribute those shares to investors who have purchased them.

Distribution is the act of dividing assets among beneficiaries as specified in a trust or will by a court. The examples illustrate how assets can be distributed in different contexts, such as when securities are sold, profits are made, or securities are issued during an IPO. In each case, the distribution involves dividing assets among different parties according to specific rules or agreements.

distributee | distribution of profits

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Roughly translated lol
And maybe I can transfer and being debt free is a blessing, especially now that America is being made great again by causing the second great depression
I'm really tired of winning Mr. President
I'm gonna try to transfer lol, even though I have a near fullride right now
Or maybe you'll fall in love with Miami!
FSU is Tallahassee, I meant working in Miami eventually since it's the big city of Florida
It's not too bad of an idea, and doesn't seem like a bad lifepath
Ahhh yeah okay I'd personally hate Tallahassee BUT I stand by what I've said lol
CheeseIsMyLoveLanguage
19:57
@hcarralero2005: I thought law school transfers aren't eligible for scholarships at their new schools?
MeowPossibilities
20:06
Im starting to lose hope on these WL's
20:10
The consensus is not to expect a scholly, but they are possible circumstances dependent. For reference, I encourage you to check this out: https://www.reddit.com/r/LawSchoolTransfer/search/?q=scholarship&cId=a09e81d4-20c7-4f14-bb49-b638a2ffa5fc&iId=ee1f716a-b5ab-4271-919e-4fc7093cd1dd and do some research NOW if you are planning on transferring. YMMV
20:10
there are* not they fml
Only spineless cucks transfer
starfishies
20:47
the only thing ive heard about transfers are that ppl are v ominous about it on reddit
20:58
@FancyAmericanGirl: guilty as charged,
20:58
@starfishies: how was the lsat
@starfishies: some washu chick said you get fucked on groups if you dont do it 1L so there is that
21:35
Wash Who?
21:55
Just got accepted into NSU !!
Hello
22:00
@EcoLand: CONRATZZ
22:00
!!!! Well done!!
22:37
@hcarralero2005: mine r the same lol
22:37
i will pay sticka if i transfer
22:37
@EcoLand: congrats!!
WaryScientificPuffin
22:45
if anyone has been accepted to UF/FSU could u plsssss update it to the site?
starfishies
23:42
@llama: it was good in the sense that there were no issues!
starfishies
23:42
i liked the testing center surprisingly
starfishies
23:43
whatever score i get out of it is what it is but im glad i at least got a good shot at it
0:38
@starfishies: yayy congrats
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