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Simple English definitions for legal terms

cashout

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A quick definition of cashout:

Term: CASHOUT

Definition: When someone sells their property, they can choose to get all the money from the sale in cash instead of keeping a part of the property. This is called a cashout.

A more thorough explanation:

CASHOUT

cashout, n. An agreement between a seller and a buyer where the seller receives the full amount of equity in cash instead of keeping an interest in the property. cash out, vb.

1. John decided to cashout his investment property and receive the full amount of equity in cash instead of keeping a share in the property.

2. The seller agreed to cash out the property, and the buyer paid the full amount in cash.

The term "cashout" refers to an agreement between a seller and a buyer where the seller receives the full amount of equity in cash instead of keeping an interest in the property. This means that the seller will no longer have any ownership in the property, and the buyer will have full ownership. The examples illustrate this definition by showing how a seller can choose to cash out their investment property and receive the full amount of equity in cash instead of keeping a share in the property. In both examples, the seller receives the full amount of equity in cash, and the buyer becomes the sole owner of the property.

cash or deferred arrangement | cash-out merger

General

General chat about the legal profession.

General >T14 Off Topic

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babycat

15:09

Yeah you should make it clear to them it's not exclusive

BulbasaurNoLikeCardio

15:10

I have been on the receiving/hurt end thinking it was exclusive when I was just her human dildo and it makes you feel bad.

babycat

15:11

Aw poor Bulbasaur

Dkk

15:11

In all of these situations described, the point of failure happened way before the emotional reality set in.

babycat

15:11

I'm like extremely monogamous at heart

babycat

15:12

I'm never dating or fucking more than one person at a time

babycat

15:12

But one time this guy I'd been dating for a little bit had a tinder notification come up on his phone and I flipped my shit lol

1a2b3c4d26z

15:12

Yea but isn't that just cheating

1a2b3c4d26z

15:12

If you're already dating

babycat

15:13

I mean like casual dating without a label

BulbasaurNoLikeCardio

15:13

My wife and I date girls together but we don't fuck unless it is going to be exclusive but having hot chick friends you can flirt with is great.

babycat

15:13

I also have hot chick friends I can flirt with

BulbasaurNoLikeCardio

15:13

@babycat: Tinder spams marketing messages so dude probably forgot to delete but either way he didn't deserve you so fuck him

babycat

15:14

That was actually it but I was mean to him for like two days about it anyways

Dkk

15:14

Yeah, I am going to bed. I am starting to feel tired. Goodnight.

renard99

15:14

Goodnight DK

Dkk

15:14

Thank you. Goodnight to you too.

babycat

15:14

don't let the bedbugs bite

Dkk

15:14

Yeah cus bed bugs can carry aids.

BulbasaurNoLikeCardio

15:14

The whole having a group of hot chick friends you can flirt with while going out is great. Makes for a fun and safer environment when drinking.

babycat

15:15

I love my hot chick friends. Don't know where I would be without them

renard99

15:15

Crazy story, I had dinner with the dad of a friend of mine and he just openly went on Tinder in front of me and the other guys. Later my mom ran into him with another woman (not his wife/friend's mom) and he got very uncomfortable and never texted her again

renard99

15:15

I can't imagine what it's like being a cheater or like a serial dater. Shit seems so nervewracking

BulbasaurNoLikeCardio

15:16

My wife and I have great and open communication but one night she kept asking me why this girl is blowing up my phone with messages/pictures so I showed her... she got a new puppy and got drunk so had her puppy doing a fashion shoot at 11pm.

babycat

15:16

Awwww

BulbasaurNoLikeCardio

15:17

I need more hot friends to hang with, the town we are in sucks butt for it and everyone seems shifty/flaky.

glovediedthisishismom

15:17

whoever was asking for an AU wave earlier fished their wish

babycat

15:18

I keep my dating very clean and above board. No overlaps, no ambiguities. If you want to go into some sort of public office in the future it's good to be smart about things like that

babycat

15:18

So many politicians have sex scandals and that's how they get blackmailed and other people have power over them. I mean of course there are ethical and emotional issues too but it's literally just smart to not be a cheater

BulbasaurNoLikeCardio

15:19

I would never go into public office as it drags in your family as well. Dating is so much easier then some people make it out to be and it is not that hard to not cheat. I would always tell my soldiers to rub one out before making a big decision so they arent acting dumb

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