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LSDefine

Simple English definitions for legal terms

bond creditor

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A quick definition of bond creditor:

A bond creditor is someone who has loaned money to another person or entity and has secured the loan with a bond. A creditor is someone who is owed money by another person or entity. This can be because they have given credit for money or goods, or because they have a claim that is capable of adjustment and liquidation. In simple terms, a bond creditor is someone who has loaned money and has a special type of security for the loan.

A more thorough explanation:

A bond creditor is a person or entity who is owed a debt that is secured by a bond. A creditor is someone who is owed money or goods by another person or entity.

For example, if a company issues bonds to raise money, the people who buy those bonds become bond creditors. They are owed the money that they paid for the bonds, plus interest, and their debt is secured by the bond. If the company defaults on the bond, the bond creditor has the right to take legal action to recover their money.

Another example of a bond creditor is a government agency that issues bonds to fund public projects. The people who buy those bonds become bond creditors and are owed the money they paid for the bonds, plus interest. Their debt is secured by the bond, which means that if the government defaults on the bond, the bond creditor has the right to take legal action to recover their money.

bond covenant | bond discount

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triplethread
11:13
got like 3 more apps
there should be a law school draft akin to the NFL Draft where law schools can recruit us
or a MaxPreps esque high light video where Deans can rank us
1a2b3c4d26z
11:15
In this analogy is the LSAT the NFL combine
JumpySubsequentDolphin
11:16
I told my family I won’t get any decisions until 2025 so they wouldn’t bombard me hahah
no i think there should be a Law School combine with all new drills except there is still the 40 yard dash
and a sub 4.5 gets you into any t14
LSAT can be one of the drills
letsseehowitgoesnow
11:17
so washu only called one person
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+
this is like the schizophrenic posts JJK tik tok be putting out
powerscaling Law School deans up next
11:19
Election Day election day
Write in Dean Z vote
11:20
Saw a guy that wrote in Biden and he said no retirement for you buddy
1a2b3c4d26z
11:20
@ClockworkBlue: god I hope that's true
if the country was run the same as Mich Law it would be a better place
Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
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