9:29
go dawgs fr
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
carry
Read a random definition: Small Business Investment Act
A quick definition of carry:
Carry means to hold or bear something that is heavy or burdensome. It can also mean to transport something from one place to another. When someone has a gun in their car, they are said to be carrying it. In a figurative sense, carry can mean to have or possess something like insurance. In parliamentary law, carry means to adopt a motion. Carry can also mean to provide funds or credit for something, like buying stocks. Lastly, carry can mean to absorb the cost of something, like a debt.A more thorough explanation:
Carry is a verb that can mean:
- To hold or bear the weight of something, like carrying a heavy box.
- To transport something from one place to another, like carrying groceries home from the store.
- To have and transport a firearm in a vehicle, like carrying a gun in the trunk of a car.
- To possess or hold something, like carrying life insurance.
- In parliamentary law, to adopt a motion.
- To provide funds or credit for the payment of something, like carrying the cost of stock purchases for a period of time.
- To absorb the cost of holding or having something, like a business carrying debt for a quarter.
For example, if you carry a heavy backpack, you are holding and bearing the weight of the backpack. If you carry groceries home from the store, you are transporting them from the store to your home. If you carry a gun in the trunk of your car, you are possessing and transporting the firearm. If you carry life insurance, you have and hold the insurance policy. If a motion is carried in parliamentary law, it is adopted. If an investor carries the cost of stock purchases for a period of time, they provide funds or credit for the payment of the stock. If a business carries debt for a quarter, they absorb the cost of holding the debt.