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LSDefine

Simple English definitions for legal terms

ceiling

Read a random definition: Lord Campbell's Act

A quick definition of ceiling:

Term: Ceiling

Definition: The ceiling is the top part of a room or area. It's like the roof inside a building. In law, the ceiling is the highest amount of money that can be charged or spent, or the most things that can be made or sold. In a contract, the ceiling is the highest price that can be paid for something. The opposite of the ceiling is the floor, which is the lowest price or level in a contract.

A more thorough explanation:

Definition: The upper or top interior surface of a room or region is referred to as the ceiling. In law, the term "ceiling" refers to the maximum amount of money that can be charged or spent, or the number of goods that can be produced or sold. In a contract, the "ceiling" refers to the highest price or value that can be given under the terms of the agreement. The "floor" refers to the lowest price or level in a commercial agreement.

Example 1: The ceiling of my bedroom is painted white.

Example 2: The government has set a ceiling on the amount of money that can be spent on healthcare.

Example 3: The contract specifies a ceiling price of $100 for the product.

Example 4: The company agreed to a floor price of $50 for the product.

These examples illustrate the different uses of the term "ceiling." In example 1, the term refers to the physical surface of a room. In example 2, it refers to a legal limit on spending. In example 3, it refers to the highest price that can be paid for a product under a contract. In example 4, it refers to the lowest price that can be accepted for a product in a commercial agreement.

cease and desist letter | census

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HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
13:18
i’m in the same boat mastermonkey but with lower stats. i hope i hear back by mid march
CheeseIsMyLoveLanguage
13:24
@mastermonkey45: Looking at some of the recent decisions in relation to when they went complete, I'd say it's a good sign. It seems many declines were sent within about 5-6 weeks of completion. Given those were applications that were SENT in January, I'd say that means you're still solidly in the running. :)
14:30
Sent an app to OSU in early december and have STILL not heard back
Give it 4 more weeks at least. Everyone in this chat needs to wait longer.
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