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LSDefine

Simple English definitions for legal terms

aging-out

Read a random definition: personal covenant

A quick definition of aging-out:

Aging-out is when a foster child or minor ward reaches the age where they are no longer legally entitled to care. This usually happens when they turn 18, but some states allow them to stay in foster care until they are 21 if they are still in school or cannot live on their own. Aging-out means that the child is no longer eligible for foster care and must find a way to support themselves.

Agio is a fancy word for the extra money you might have to pay when you exchange one kind of money for another. For example, if you want to exchange paper money for coins, you might have to pay a little extra. The same thing can happen when you exchange money from one country for money from another country.

A more thorough explanation:

Definition: When a foster child or minor ward reaches the age at which they are no longer legally entitled to care.

Usually, this happens when the child reaches the age of majority and becomes ineligible for foster care. However, some states allow an extension of eligibility up to age 21 if the child is still in school or cannot live independently, or if it is otherwise in the child's best interests to remain in foster care and the child consents.

For example, if a foster child turns 18 and is no longer eligible for foster care, they may have to leave their foster home and live on their own. However, if they are still in high school and need support, they may be able to stay in foster care until they graduate.

Related term: INDEPENDENT-LIVING PROGRAM

Example: AGIO

Definition: The premium paid for exchanging one type of money for another.

For example, if you exchange US dollars for Euros, you may have to pay a small fee or premium for the exchange. This fee is called an agio.

aging of accounts | agiotage

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1a2b3c4d26z
17:44
I discreetly asked her which color she liked best when the new ones dropped and she said purple, I just wanted to hear second opinions
shaquilleoatmeal
17:44
@Eminatorcookieeater: same and my sub status was blank yesterday - trying to research what it means
@shaquilleoatmeal: ooo I wonder what that means, hopefully it means we'll hear back soon
shaquilleoatmeal
17:48
It looks like an update to the sub status (it saying complete instead of being blank) means some sort of review has happened - basically a UR2. Seems like those who got a substatus change got a decision a few days after...
shaquilleoatmeal
17:50
slightly helpful! Not much info on the substatus changes for BU though
i don't have a sub status but i was only marked complete like two weeks ago
cause they wanted me to send another transcript
is that wake forest a from last cycle i am so confused
shaquilleoatmeal
17:51
@jackfrost11770: oo interesting - I first went complete 10/25 and now the sub 11/5
shaquilleoatmeal
17:51
wonder if they'll ask for me for more info but can't think of what it would be
17:54
berk…..
shaquilleoatmeal
17:58
what about berk
18:01
i need wave
shaquilleoatmeal
18:04
call them and demand one
@shaquilleoatmeal: did you get double app complete on sub status or just one
letsseehowitgoesnow
18:11
shaq i got that for BU
shaquilleoatmeal
18:13
@Eminatorcookieeater: just one
shaquilleoatmeal
18:14
@letsseehowitgoesnow: lfg!
shaquilleoatmeal
18:14
@Eminatorcookieeater: did you get one or double??
Just one sadly
letsseehowitgoesnow
18:15
I doubt it means anything. I applied like 2 weeks ago lol
letsseehowitgoesnow
18:16
Actually nvm. I don’t have that lol
shaquilleoatmeal
18:17
@Eminatorcookieeater: I think it's still a good sign, seems like we're one stage away from a decision rolling out which is a good thing, whether an A, R, or WL lol
shaquilleoatmeal
18:17
all obviously based on that reddit post which might not be accurate
Exactly at least something is happening haha
shaquilleoatmeal
18:19
lfg just got a vandy interview
Dkk
18:26
Nice, I should get that app in.
Dkk
18:26
Good motivation.
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