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Simple English definitions for legal terms

lucrum cessans

Read a random definition: legal analyst

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

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Hellwoods2025
18:09
no I have no idea lol, im just pessimistic at this point in the cycle
trees1234567
18:09
or they are waiting for their loan deadline
trees1234567
18:09
everyone
babybunny
18:10
the schools said you’re really great but I’m just not in a place where I can commit to something serious rn
trees1234567
18:10
*everyone I see on LSA is going elsewhere so I always have a sliver of hope that they have openings (but in reality that's only a small percentage of ppl)
Thickthighssavelives
18:11
@babybunny: adcomms are rlly just fuck boys
Hellwoods2025
18:11
Really? I feel like I see the opposite, tons of people going to Chi
babybunny
18:11
@Thickthighssavelives: been saying this
babybunny
18:11
a feeler is a 1 am “u up?”
babybunny
18:12
lemme feel u bbg
jb2028
18:12
@trees1234567: Probably to some extent, 7/28 waitlist admits who went to HLS the last two cycles were Chicago cross-admits
Hellwoods2025
18:12
@babybunny: youre shadowbanned for me
babybunny
18:12
@Hellwoods2025: i know hon the deep state is censoring me
jb2028
18:12
But depends how many were actually deposited at Chicago and whether Chicago overenrolled from RD
TruthTheX
18:13
@babybunny: SO TRUE ADCOMMS ARE THE ULTIMATE FUCK BOIS HAHAHA
babybunny
18:13
the ultimate fuck boy is my ex boyfriend but adcoms are a close second
trees1234567
18:14
@jb2028: good to knowww
babybunny
18:22
You Smoke Too Tough. Your Swag Too Different. Your Bitch Is Too Bad. They'll Kill You
trees1234567
18:23
thanks as always
babybunny
18:23
you’re welcome 😇
Hellwoods2025
18:25
why you talking about me bunny
babybunny
18:27
musta had you on my mind
trees1234567
19:02
obt congrats!!!
CTCSH
19:09
Now kiss
Seagulleagle10
20:02
has anyone ever heard of creative ways people got off waitlist? Like doing some sort of project or submitting material different than the usual essays or loci that worked?
KnowledgeableRitzyWasp
20:31
some schools like it if you visit their campus
KnowledgeableRitzyWasp
20:31
but loci is the core of it, with the promise that you’ll drop everything and immediately deposit/attend
Seagulleagle10
21:45
@KnowledgeableRitzyWasp: Ok thank you!
AboardStereotypedCrab
22:50
@Seagulleagle10: go in and give the dean a firm handshake and tell em you want to go there
GreenJumbledScorpion
23:11
@Seagulleagle10: tell them nothing is going to stop you from attending
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