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Simple English definitions for legal terms

adjustment security

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A quick definition of adjustment security:

Adjustment Security: A type of collateral that is given to ensure that a creditor will be repaid any money or credit extended to a debtor. It can also refer to a person who is bound by some type of guaranty. A security is an instrument that shows ownership rights in a firm, creditor relationship with a firm or government, or other rights. It can include stocks, bonds, certificates of deposit, and other financial instruments. Securities have no intrinsic value and their value depends on the financial condition of the issuer and the market demand for them.

A more thorough explanation:

An adjustment security is a type of security that is used as collateral to guarantee the fulfillment of an obligation. A security is something that represents ownership or creditor rights in a company or government entity.

For example, a bond is a type of security that represents a promise to pay back a loan with interest. If a company issues a bond, they may use an adjustment security as collateral to ensure that they will be able to pay back the loan.

Another example of a security is a stock, which represents ownership in a company. If someone owns a stock, they have a stake in the company's profits and losses. They may also have voting rights in the company's decisions.

Overall, a security is a way for people to invest in a company or government entity and potentially earn a return on their investment. An adjustment security is just one type of security that can be used to ensure that an obligation is fulfilled.

adjustment board | adjutant general

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13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
14:17
How are the vibes heading into thanksgiving yall?
HopefullyInLawSchool
14:17
@Law-Guy Im feeling kinda happy I applied YM to UCI hoping it helps (:
Wanna give some head
soap
14:18
Cornell
14:19
@HopefullyinLawSchool What's YM?
14:19
oh no
HopefullyInLawSchool
14:19
you mom
WorthlessAttractiveZombie
14:19
Ouch
HopefullyInLawSchool
14:19
your*
14:19
I fear I realized too late
babycat
14:20
another victim claimed
concorde
14:22
pwned
14:22
Might have to send in addendums for that
Dkk
14:26
No wave, so sad.
WorthlessAttractiveZombie
14:28
What are the odds that berk releases later today?
babycat
14:28
@Dkk: And here I thought you were a prophet. Smh.
14:33
@WorthlessAttractiveZombie: 4
WorthlessAttractiveZombie
14:35
@EvolBunny: I will take the odds of 4, very promising
14:38
I'm too drunk to taste this chicken
Dkk
14:38
Lol, I suck I guess. @babycat
14:40
suck what? (:
Dkk
14:42
suck at predicting
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