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Simple English definitions for legal terms

lucrum cessans

Read a random definition: causa cognita

A quick definition of lucrum cessans:

Lucrum cessans is a legal term that means "ceasing gain." It refers to damages that are awarded to compensate for a loss of anticipated profit in addition to an actual loss that has been realized. This term is also known as lucrum interceptum. It is often used in legal cases to determine the amount of compensation that should be awarded to a plaintiff who has suffered a loss due to the actions of another party.

A more thorough explanation:

Lucrum cessans is a legal term that means "ceasing gain." It refers to damages that are awarded to compensate for a loss of anticipated profit in addition to an actual loss that has been realized. For example, if a business owner had a contract to sell 100 products for $10 each, but due to a breach of contract by the buyer, only 50 products were sold, the business owner may be entitled to damages for the lost profit on the remaining 50 products. This lost profit is known as lucrum cessans.

lucrum | lucrum interceptum

General

General chat about the legal profession.

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Mostlylegal

14:55

??? what sweatpants do you wear, also i know lulu is expensive but their stuff lasts forever

JupitersMoons

14:55

oh i hate working out in sweats, shorts or leggings or bust

JupitersMoons

14:56

not the Loyola not Chicago decision

Mostlylegal

14:56

unfortunately cant wear leggings anymore the front desk wasnt to happy bout it

JupitersMoons

14:56

(close ur eyes lily)

legallybrunettelily

14:56

fr like im actually over it like what is this hell they put me in im so done

windyMagician

15:00

how do you work out in sweats

windyMagician

15:00

id be melting

windyMagician

15:01

also if you dont want men to stare at you at the gym, orangetheory is like 70% women

JupitersMoons

15:02

maybe I'll find an orangetheory. I did spin for ages and that was the girls or the gays, especially if u went to the themed nights

JupitersMoons

15:02

oh there's one fr like three blocks from my house

bigfatsloth

15:03

THEMED SPIN NIGHTS with girls and gays duude id fuckin be there every day

bigfatsloth

15:04

what was one of the themes

bigfatsloth

15:04

lady gaga kesha night at spin ughhhh i wish

JupitersMoons

15:04

female rappers, so megan thee and doja and nicki and flo milli. vibes/10

JupitersMoons

15:05

also they had y2k nights, taylor swift (IF UR INTO THAT), a lot of the time they would do album release nights. so like a week after an album there would be a dedicated spin sesh

bigfatsloth

15:06

tht sounds so fun omg

bigfatsloth

15:07

i need a hobby when ppl ask u guys what u do for fun do u know what to say like

bigfatsloth

15:08

i enjoy watchig reels

JupitersMoons

15:09

I do enjoy watercolor painting, but I believe language used on my resume was "Watercolor painting, reading general fiction novels, digital architecture and interior design, travel"

legallybrunettelily

15:11

i knit, read, do solidcore, sew, bike, and im in a mahjong league

bigfatsloth

15:17

i like to bake cookies, go in the woods, race, shoplift, and get drunk once a week

windyMagician

15:18

if you say you read no one will question you bc most people don’t read these days

legallybrunettelily

15:20

i read but yeah its fourth wing sue me

JupitersMoons

15:21

@legallybrunettelily: is it any good? i haven't read fantasy in years bc booktok irks me

legallybrunettelily

15:21

i think its is amazing nd i hate 90% of booktok

legallybrunettelily

15:21

they get worse over time though

legallybrunettelily

15:21

like the first two are good

JupitersMoons

15:21

sold ty i was thinking of reading more fantasy today while driving to work

JupitersMoons

15:23

i, shamelessly, was a very big fan of pretty much everything Sarah J. Maas for years and years, but that was so polluted by booktok that it makes me cringe. very fun read for young me tho

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