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LSDefine

Simple English definitions for legal terms

listed security

Read a random definition: undertenant

A quick definition of listed security:

A listed security is a type of investment that represents ownership or creditor rights in a company or government. It can be a stock, bond, or other financial instrument. Unlike physical goods, securities do not have intrinsic value and their worth depends on the financial condition and future prospects of the issuer. They are bought and sold on stock exchanges and their value is determined by supply and demand.

A more thorough explanation:

A listed security is a type of investment that is traded on a stock exchange. It can be a stock, bond, or other financial instrument that represents ownership or debt in a company or government entity.

For example, if you buy a share of stock in a company that is listed on a stock exchange, you become a part owner of that company. You can sell your share of stock to someone else on the exchange if you want to cash out your investment.

Another example of a listed security is a government bond. When you buy a bond, you are essentially loaning money to the government. The government promises to pay you back with interest over a certain period of time.

Listed securities are different from other commodities because they don't have intrinsic value on their own. Their value depends on the financial condition of the company or government entity that issued them, as well as market demand.

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11:52
Whenever someone mentions Fordham I can only think of Whiplash
ParallelAgreeableOrangutan
11:52
nice, congrats!
@eggan: money talks!
ParallelAgreeableOrangutan
11:52
esp with the scholarship!!
I don't really know where I want to end up practicing yet, but I've enjoyed living in the midwest so far. I think I might ultimately like to end up as in-house corporate for the work life balance.
ParallelAgreeableOrangutan
11:53
I lived in Bloomington for a long time, can't speak to the law school but can answer Qs about the city if you'd like
@ParallelAgreeableOrangutan: How do you think it is to live in as a 20-something going to grad school? The comparison is Iowa city, so not an extremely high bar for liveliness. (No offense intended towards IC. I think it's a lovely place)
NosyBeagle
11:56
@NemoPropheta: taking it in august. feels like ill never be ready but f it we ball
I think the secret to happiness is fuck it we ball
is one ever truly ready for something? probably not. but fuck it we ball!
12:20
I went ahead and registered for August as well since it was free
12:20
Getting 2 180s back to back is better than one right
ronniedoeslaw
12:26
In all of your research, what minimum LSAT score do you believe gets you into UIC law?
12:27
I remember the last guy on here who was convinced he was gonna get a 180 bc he scored in that range on PTs
12:28
🤐
12:29
ugh someone come rub my bellly
12:33
@esoterica: he wasnt on that grindset mentality. im him
12:34
Im gonna drink so much saratoga water on test day
ParallelAgreeableOrangutan
12:43
@LawOfAchilles: (hiii sorry so slow, am at work) Bloomington is lovely, I loved it as an undergrad and as a 20something non-student.
ParallelAgreeableOrangutan
12:45
If you're outdoorsy, it's nice--obv no coasts or mountains, but two small lakes really close, lots of places you can go on a lowkey hike or camp without paying park fees or anything really
ParallelAgreeableOrangutan
12:47
super bikable, decent food to be had, things to do but not so much that you'll be distracted and never study lol. idk I'm a fan haha, I miss it
lmao I just got the LSAC notif that I'm under review at IU Maurer
ParallelAgreeableOrangutan
13:11
May you have better luck than I did :)
YAYYY JUPITER
@LawOfAchilles: if you like the outdoors, you're gonna love bloomington.
both uiowa and iu have a good reputation, especially with midwestern law firms. their alumni resources are pretty top notch too.
14:11
Hey guys, are any T14 schools doing tours during the summer?
NosyBeagle
14:24
@NemoPropheta: the lsat was free for you? lucky
14:26
who else piss on the floor during their lsat
sloth i gotta know about caesar beans
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