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Simple English definitions for legal terms

call price

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A quick definition of call price:

Call price: The price at which something can be bought or sold when using a call option. It is the amount of money that the buyer of the call option pays to the seller in order to have the right to buy the underlying asset at a specific price (strike price) before a certain date (expiration date). The call price is also known as the premium.

A more thorough explanation:

Definition: The price at which a call option can be exercised, allowing the holder to buy the underlying asset at the strike price.

For example, if an investor holds a call option with a strike price of $50 and the call price is $5, they can exercise the option and buy the underlying asset for $50 plus the $5 call price, for a total of $55.

This definition explains that the call price is the additional amount an investor must pay to exercise a call option and buy the underlying asset at the strike price. The example illustrates how the call price affects the total cost of buying the asset through the option.

call of the roll | call-protection clause

General

General chat about the legal profession.

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EvolBunny

18:25

it is like 630 on a friday there bud

EvolBunny

18:25

think it is safe to say it aint happenin today\

WelfareIsACat

18:26

damn it was a slow day today

BulbasaurNoLikeCardio

18:26

I got a custom built Leftie ar15 I run suppressed, a regular ar15, a .270 axis savage bolt gun, xd9, xd40 and have my AR10 I run suppressed.

BulbasaurNoLikeCardio

18:26

I do not think we will see a wave until after thanksgiving. Adcoms will be nice and not ruin someones thanksgiving with an R

EvolBunny

18:28

ruin my thanksgiving law schools uwu

PerpetualCheerfulBeaver

18:53

I really thought a texas schools wave was going to hit today...guess it will be December 1

7Rings

19:00

No news is good news 😜

PerpetualCheerfulBeaver

19:10

the mentality im embracing

ClassyPleasantHeron

19:23

You will see some A waves next week, just before Thanksgiving. Schools like to give people things to talk about over the holidays.

Eggan

19:26

my predict monday berk from earlier td

snow

19:33

Oregon decision rendered…

snow

19:33

Bro why don’t they just tell me lol

AuspiciousUniqueSnake

19:38

damn ive been under review for a month and no movement, when did u apply snow?

snow

19:39

The day apps opened. I still don’t know what the decision is tho lol

AuspiciousUniqueSnake

19:40

Dang. Crossing my fingers for you!!

snow

19:41

Thank you!!

shaquilleoatmeal

19:44

Snow dude wtf you been

snow

19:46

Working! I was prepping for a trial but it got reset!

snow

19:47

Have you don your gulc interview?

JumpySubsequentDolphin

19:47

@snow: snow!!!! I’m in Oregon should I break into admissions office and demand your decision be sent

shaquilleoatmeal

19:49

Better to be prepared than not, otherwise it always happens when you don’t prep

shaquilleoatmeal

19:50

Yea did it a week and half ago, told us we won’t hear anything until end of December if we’re lucky, most likely first week of jan

shaquilleoatmeal

19:50

Said no one works after Monday this week and no one works week of Christmas

shaquilleoatmeal

19:50

So holiday takes time away from app review

snow

19:54

True @shaq and do it jumpy!!

madollyy

20:06

Hi everyone! Decided a bit too late that I wanted to go into law. GPA currently stands at 3.76 (one more semester to go) and I'm interested in going into immigration law. Anybody got any advice for LSAT studying and applications? I plan on taking a gap year to have some time for internships and such :)

snow

20:08

Apply for the LSAT fee waiver to try to mitigate the cost of materials! 7Sage is $1 for a year if you have the fee waiver. I also think you should try to work in an immigration firm in some way to see if it’s something you really want to pursue and to add to your resume. Good luck!!! One tip I would also give is to not sign up for the LSAT until you’re practice tests average are around the score you’re aiming for

snow

20:08

Your*

snow

20:08

You got this! :)

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