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LSDefine

Simple English definitions for legal terms

asset dividend

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A quick definition of asset dividend:

An asset dividend is when a company gives its shareholders something other than money or stock as a dividend. This could be the company's product or property. A dividend is a portion of a company's earnings or profits that is distributed to its shareholders. It is usually given in the form of cash or additional shares. A dividend can also be declared but not yet paid, which is called an accumulated dividend. There are different types of dividends, such as cash dividend, stock dividend, and cumulative dividend.

A more thorough explanation:

An asset dividend is a type of dividend that a company pays to its shareholders in the form of property, such as the company's product, instead of cash or stock. This is also known as a property dividend.

For example, if a company that produces cars pays an asset dividend, it may distribute cars to its shareholders instead of cash or stock. This means that the shareholders can either use the cars or sell them to make a profit.

Asset dividends are not very common, but they can be useful for companies that have excess inventory or assets that they want to distribute to their shareholders.

asset-depreciation range | asset purchase

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TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
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