17:12
but not this week.....no little treat
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Warning
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LSDefine
Simple English definitions for legal terms
tip
Read a random definition: common diligence
A quick definition of tip:
Term: TIP
Definition: A tip is a special piece of information that someone shares with another person. In securities law, a tip can be insider information that is passed from one person to another. This is not allowed and is called insider trading.
A more thorough explanation:
Definition: A tip is a piece of special information that is passed from one person to another. In securities law, it refers to advance or inside information that is shared illegally.
Example: If someone tells you that a company is going to release a new product that will make their stock price go up, that is a tip. However, if that person works for the company and is not supposed to share that information, it is considered insider trading and is illegal.
Explanation: The example illustrates how a tip can be useful information, but it can also be illegal if it is insider information that is not supposed to be shared. It is important to be aware of the laws and regulations surrounding tips and insider trading to avoid any legal issues.