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LSDefine

Simple English definitions for legal terms

TAB

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A quick definition of TAB:

Term: TAB

Definition: TAB is short for Tax-Anticipation Bill. This means that it is a type of loan that a government takes out in anticipation of receiving tax revenue. It helps the government to have money available to pay for things before they actually receive the tax money.

A more thorough explanation:

TAB

TAB is an abbreviation for Tax-Anticipation Bill. It is a short-term borrowing instrument that a government issues to finance its operations before the tax revenue is collected.

For example, a city government may issue TABs to pay for ongoing expenses such as salaries, utilities, and maintenance while waiting for tax revenue to come in. The TABs are usually repaid with the tax revenue collected.

Another example is a school district issuing TABs to fund a new building project. The TABs allow the district to start the project before the tax revenue is collected, and the TABs are repaid with the tax revenue collected.

The examples illustrate how TABs are used by governments to finance their operations or projects before the tax revenue is collected. TABs are a way for governments to bridge the gap between their expenses and revenue and ensure that they can continue to provide services or fund projects. TABs are a common financial instrument used by governments at all levels, from local to federal.

T. | table

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questionnnnnn - does anyone know what it means if you got the first feeler from gulc last week? can't tell if its something generic or something to get hopes up for.
16:22
For those accepted by the University of Utah in the past week--can you share when their published seating fee deadline is? I know the first one was April 15th...? THX!
MrThickRopes
18:28
Fo pm gon be a movviiiiieeee tmrw
MrThickRopes
18:29
I can feeeeeel iiiiit
18:48
@WinnieCOgirl: The Seat Deposit & Enrollment Certification form (due on 05/02/2025) The Seat Deposit (due on 05/02/2025)
rejected on a saturday GG
MrThickRopes
19:49
Did u get rejected fo pm ?
good question i panic checked, do most decisions drop at 4?
i have no clue i checked at 10pm
@ObeseDisagreeableDevil: just generic sent to all
that's what I thought fancy
MrThickRopes
21:37
it all comes at fo
MrThickRopes
21:38
everything
MrThickRopes
21:38
fo pm
21:43
i need advice about undergrad and gpa, can someone help
MrThickRopes
22:33
ok
MrThickRopes
22:33
hit me
22:53
i know its hard to know because I haven't taken LSAT yet, but Im going to graduate with a 3.4. Idk if id write an addendum for my gpa because i just slacked off for a lot of college unfortunately. Plan is to start studying for lsat in October, and then take a gap year to get WE. T14 isn't even on my radar, but from people who know and understand the admission process better probably, am i cooked at even getting into a T50. I know lsat score is huge but reading people get rejected while having 3.8+ is anxiety inducing
23:25
@Sagamore: you can do applicant search to get closer results but there are plenty of ppl with a 3.3-3
23:25
3.4 that got into t50s-t20s (sorry i pressed send early)
23:26
i would just focus on maximizing ur lsat score
we always talk about fo pm but never about fo am
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[] ararara
3:14
Don’t know if I’m about to make things worse but hang in there! If you’re stressed out get to your nearest trampoline and start jumping! It’s better than therapy! Hopefully you’re under some stars!
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