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Simple English definitions for legal terms

licitari

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A quick definition of licitari:

Term: Licitari

Definition: Licitari is a Latin term used in Roman law which means to bid for an item, especially repeatedly during the same sale. It is also known as liceri.

Simply put, licitari means to keep offering more money for something you want to buy, especially when other people are also bidding for it.

A more thorough explanation:

Term: Licitari
Definition: Licitari is a Latin term used in Roman law which means to bid for an item, especially repeatedly during the same sale. It is also known as liceri. Examples:

During an auction, a bidder may licitari on a particular item to increase the price and outbid other potential buyers.
When a seller sets a reserve price for an item, bidders may need to licitari until the price reaches the reserve and the item can be sold.

These examples illustrate how licitari is used in the context of bidding for items during a sale or auction. It emphasizes the act of repeatedly bidding to increase the price of an item and potentially outbid other buyers.

licet | licitation

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

llama

9:24

@bigfatsloth: <3 my night runs into morning all the time

bigfatsloth

9:41

aweee <33 i duno wut u mean by that

CivisRomanus

10:17

is yale done?

CivisRomanus

10:17

*YM joke incoming*

ronniedoeslaw

10:35

I hope this week/month we all get the acceptance letters we’ve been working so hard for

eggan

10:36

@CivisRomanus: You don't get a YM joke.

badhorrormovie

10:44

anyone get an nyu wl or a yet

badhorrormovie

10:45

or are they still pretending like they accept people

badhorrormovie

10:46

@KindHocTuah: rob list

esoterica

11:42

do you not have a decision from them yet?

esoterica

11:42

the waitlists all rolled out like end of april

NemoPropheta

11:46

holy shit r/lsa is filled with misandrists

NemoPropheta

11:46

anyone see the adcomm gender breakdown analysis?

NemoPropheta

11:50

seeing so many rebuttals focused on women having higher uGPAs when studies have shown there exists a systemic grading/punishment bias in favor of women from Kindergarten all the way to Undergrad

starfishies

11:57

u guys buying ur school's health insurance?

esoterica

12:08

yeah. I’m on medicaid now but it only works in state and im moving but wont be able to declare residency there so need to get the school plan

esoterica

12:10

wbu?

starfishies

12:12

literally samesies i was just wondering if theres like an insurance expert in chat

starfishies

12:12

to warn me if its all just a scam

sock

12:17

i dont even know if my school has health insurance

QuickShyCattle

12:28

almost every school does

QuickShyCattle

12:28

id be worried if things out of state aren't covered or covered as well

NemoPropheta

12:29

I think all public schools have it, and a lot of schools will require you to either purchase it through them or prove you have equivalent coverage elsewhere

esoterica

12:31

Are any of you medicaid experts

sock

12:33

ahh i didnt know that. i just raw dogged undergrad tbh

starfishies

12:36

i went to my fin aid office in undergrad, told them i couldn't afford their insurance and didn't have any and they basically old me i unlocked the super secret insurance fund where if u complain to them theyll just pay it for you

starfishies

12:37

life unfortunately does not work this way tho lol

sock

12:37

gonna try that out for law school

starfishies

12:37

shooters shoot

eggan

13:14

@NemoPropheta: that post sucked and complete disrespect to the deans

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