Warning

Info

LSDefine

Simple English definitions for legal terms

buyer's market

Read a random definition: disability

A quick definition of buyer's market:

A buyer's market is when there are more things for sale than people who want to buy them. This means that the prices are usually lower because sellers have to compete with each other to get buyers. It's like when there are a lot of toys at a garage sale and not many people want to buy them, so the prices go down.

A more thorough explanation:

A buyer's market is a situation in which there is more supply of a product or service than there is demand for it. This results in lower prices and more bargaining power for buyers.

For example, if there are many houses for sale in a particular area but few people looking to buy, it is a buyer's market. Buyers can negotiate lower prices and better terms because there is more competition among sellers.

Another example is the job market. If there are more job openings than there are qualified candidates, it is a buyer's market for job seekers. They can negotiate higher salaries and better benefits because employers are competing for their skills.

Overall, a buyer's market is a good situation for buyers because they have more options and more power to negotiate favorable terms.

buy-down | buying-in

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
19:12
My crypto also flows in 5 day epochs too.
19:16
what do you do with your days as an unemployed crypto guy? do you play an instrument or something
19:47
please lawd
19:47
forgive me
19:47
its time to go back to tha old me
19:50
this is what i feel like when i get one single drill question right
19:50
when u get one wrong ;(
therapist slander detected
1a2b3c4d26z
20:37
Anyone got any polymarket locks
1a2b3c4d26z
20:37
Is anyone in here cool like fr cool
1a2b3c4d26z
20:37
Like watch college football cool
1a2b3c4d26z
20:37
Or like
1a2b3c4d26z
20:38
Frat
1a2b3c4d26z
20:39
Sorry guys I'm bored trying to get my Berkeley essay to 4 pages
20:40
no way they want four pages that’s crazy
20:41
bitches wanna be different sooo bad 😴
1a2b3c4d26z
20:42
Technically they want 3 to be completely fair to the powers that be, so I'm really trying to push out to 3
1a2b3c4d26z
20:42
But it's 1/2 inch margins
20:44
assuming it was 2 already, you’ve totally got 3 double spaced pages in you
20:45
should I watch the quirky umich dean videos? i feel like all of you have seen them except me but I can’t work up any enthusiasm for the idea
1a2b3c4d26z
20:54
I like Dean Z not sure why she gets slandered sometimes
1a2b3c4d26z
20:54
I would say yeah, they're helpful. But they can verge on unproductive and stress-inducing if you watch enough of them (especially the application read-through ones)
21:07
okay I’ll check them out
21:40
hey so where do i see my LSAC GPA bc i know they calculate it differently
21:40
sorry new to dis
You can calculate it here
LSD+ is ad-free, with DMs, discounts, case briefs & more.