Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

Set

Read a random definition: conclusive

A quick definition of Set:

A set is when you schedule something to happen at a certain time. For example, you might set a date for a party or set a time for a meeting. In some cases, like with a bill of exchange, a set refers to multiple parts that make up one whole thing.

A more thorough explanation:

Definition: Set, when used as a verb, means to schedule or arrange.

For example, you can set a meeting with your boss for next week or set a reminder on your phone to call your friend on their birthday.

In the context of a bill of exchange, a set refers to a bill that is drawn in several parts. These parts, when combined, form one bill. For instance, a foreign bill of exchange may be drawn in three parts, and each part is called a set. When all three sets are presented together, they form one complete bill.

For instance, if a company in the United States wants to pay a supplier in Japan, they may use a bill of exchange. The supplier in Japan would receive the bill in three parts, and they would need to present all three sets to their bank to receive payment.

Session | Set aside

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
heart broken
alaska >
yeah windy u win
but i do like the balance of urban and mountains here in slc
and if ur rebuttal is Denver all i can say is that everyone i've met from Colorado is insufferable so
14:26
one of my friends sister is an ada in alaska
14:26
seems cool
14:32
I went to Denver like a few weeks ago and it’s so weird how they close every coffee shop on the weekends
14:32
where the hell is the LIFE
oh umm. don't come to Utah. like 80-90% of things are closed on Sundays
14:33
okay I won’t
i want to go to the soda shop tho
okay the soda shops r bomb
NosyBeagle
14:55
never been to utah
NosyBeagle
14:55
too white for me ngl
NarrowFaithfulCougar
15:23
It's utahded over there. Lmfao.
this day is dragging asss
if every coffee shop was closed on the weekend here, i would die
what is life without my $7 latte
NosyBeagle
15:53
i forgo coffee on the days I wanna binge on the candy in my coworker's candy box. it would be too much sugar in one day
NosyBeagle
15:53
when i want coffee i get that shit FILLED with caramel
AngryMiniCar
16:21
Nth day practicing RC and I think I'm just really used to skimming and it's a very hard habit to break.
AngryMiniCar
16:21
:')
NosyBeagle
16:31
you can't skim. you skim you die
NosyBeagle
16:31
imagine ur nips exploding when you skim. you skim no nips
AngryMiniCar
16:32
I died 10 times today
AngryMiniCar
16:32
I have no nips left
AngryMiniCar
16:33
But yes I'll remember that every single time I try to skim from now on thank you lol
NosyBeagle
16:33
always here to help
@JupitersMoons: are you going to go to utah for law school?
LSD+ is ad-free, with DMs, discounts, case briefs & more.