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LSDefine

Simple English definitions for legal terms

stock option

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A quick definition of stock option:

A stock option is a type of agreement that gives someone the right to buy a certain amount of stock in the future at a set price. To actually get the stock, the person with the option has to pay the agreed upon price and ask for the shares to be given to them.

A more thorough explanation:

A stock option is a type of financial contract that gives the holder the right, but not the obligation, to buy or sell a certain amount of stock at a predetermined price within a specific time period. This right is granted by the company to its employees or investors as a form of compensation or incentive.

For example, let's say a company grants an employee the option to purchase 100 shares of the company's stock at $50 per share. If the stock price rises to $60 per share, the employee can exercise their option and buy the shares at the lower price of $50, then sell them at the higher price of $60, making a profit of $10 per share.

Stock options can be a valuable tool for companies to attract and retain talented employees, as well as for investors to potentially profit from the future growth of a company's stock.

stock in trade | stock purchase agreement

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i feel like i live in my bubble because i'm seeing people talk about other people abusing time accommodations for the lsat and my first reaction was "they are?"
ronniedoeslaw
20:14
Congrats Kiwi!!
ParallelAgreeableOrangutan
20:35
@JupitersMoons: wait is email not typical for LOCI? ik you can upload to portals but isn't an email... a letter? an electronic mail?
ParallelAgreeableOrangutan
20:36
@RoyalReadyKiwi: congrats on your A! and your scholarship!!
MrThickRopes
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Uhh
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Yeaaah
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Call me chairman of the federal reserve the way i print dat money
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Call me Danny d da way I’m always sunny
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would u guys still chat with me if i was a werm
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Fo pm gon be craaazy tmrw
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what’s ur chic fil a order thick ropes
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ParallelAgreeableOrangutan
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Hey just wondering how to filter data by international Gpa? Can't seem to find this filter option
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There’s no intuitive way to do this. The only way I can find is by going to each individual school, scrolling to the part that shows you all applicants for that year, and clicking on the GPA button until it filters them for the blank ones first. I’ve found by clicking on profiles that the ones with an LSAT listed and no GPA are almost universally international
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