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Simple English definitions for legal terms

engrossing

Read a random definition: carte blanche

A quick definition of engrossing:

Engrossing is when someone buys a lot of something, like food, with the plan to sell it later for a much higher price. This is not good for everyone else because it allows one or two people to control the price of things that everyone needs. In England, it used to be against the law until 1834.

A more thorough explanation:

Definition: Engrossing is the practice of buying large quantities of goods or merchandise with the intention of gaining a monopoly and selling them at a very high price. It was considered a misdemeanor in England until 1834.

Example: A group of wealthy merchants bought up all the wheat in a particular region, causing a shortage and driving up the price. They then sold the wheat at a much higher price, making a large profit.

Explanation: This example illustrates how engrossing works. By buying up a large amount of a particular commodity, the engrosser can control the supply and demand, allowing them to set a higher price and make a profit. However, this practice is harmful to the public, as it can lead to shortages and higher prices for essential goods.

Engrosser of the Great Roll | engrossment

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18:19
Idk what's up with Stav these days but I only see clips of him roasting the audience so idk if he has any good jokes these days. Probably is just trying to have as much sex as possible like he usually does.
18:19
the Anderson cooper part is so fucking funny
18:19
Indeed, but I gtg study LSAT more
18:19
I could listen to these all day
18:19
ooh good luck
18:20
Thank you!
Bienpensant
18:40
in a week or so
LMNTree
18:41
Guys do I cook something or get dominos for dinner
18:45
Nutritionist: everyone knows pizza is bad for your health. and although salad is hardly as delicious, it has many varied health benefits. and because everyone knows that people are rational actors, salad is more popular than pizza
18:45
Which of the following facts, taken as true, most weaken the above statement
18:55
are you gonna post the facts?
LMNTree
19:07
At the edge of my seat rn
LMNTree
19:08
I'm keeping busy with homework to avoid making a decision
had a shooting on campus today
gotta love north philly
LMNTree
19:16
Shit that's awful
someone got stabbed on the subway on the way to school too
19:25
@baddestbunny not unless LSAC decides to start paying my ass
bro that’s terrible
19:26
thats so scary
the worst thing that happens in ithaca is people call me an asshole when i try to cross the road
19:26
thats like saying hello in NY, right?
19:26
only npc!
yeah i mean essentially, same vibe pretty much
19:26
nyc
19:27
I have to go discuss labor contracts bye friends
bye friendo
boglue
19:54
how do you get the status checker to work? when i run it, it still says "last checked: never" I used my LSAC login since that is how i access the portals otherwise
I just use Lawhub
6:08
I visited Philly and Pittsburgh and hated both places. I am surprised there aren't more shootings.
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