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LSDefine

Simple English definitions for legal terms

call

Read a random definition: Merchant Shipping Acts

A quick definition of call:

Call: To ask for something or to use an option. In legal terms, calling an option means choosing to buy an asset at a certain price. Calling in debt means asking for payment. Calling a meeting means starting the meeting.

A more thorough explanation:

Definition: Call generally means to request or to use an option. In legal context, call has different meanings:

  • A person “calls” an option when they choose to use a call option for buying an asset. For example, if a person has a call option to buy 100 shares of a company at $50 per share, they can "call" the option and buy the shares at that price.
  • A person calls in debt owed to them from someone by requesting payment. For instance, if someone owes you money, you can "call" them and ask them to pay you back.
  • The Speaker of the House calls a meeting to order. This means that the Speaker starts the meeting and asks everyone to pay attention and follow the rules.

These examples illustrate how "call" can be used in different contexts, but they all involve making a request or using an option.

California | call option

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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