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LSDefine

Simple English definitions for legal terms

changing fund

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A quick definition of changing fund:

A changing fund is a type of money that is invested and reinvested periodically. It is usually a trust fund that changes its form as it is invested. Other types of funds include a general fund, which is a government's primary operating fund, and a sinking fund, which is a fund consisting of regular deposits that are accumulated with interest to pay off a long-term corporate or public debt.

A more thorough explanation:

A changing fund is a type of trust fund that periodically changes its form as it is invested and reinvested. This means that the assets in the fund are not fixed and can vary over time. For example, the fund may start with stocks and then switch to bonds or other investments.

One example of a changing fund is a mutual fund. Mutual funds pool money from many investors and use it to buy a diversified portfolio of stocks, bonds, or other securities. The value of the fund changes as the value of the underlying securities changes.

Another example of a changing fund is a college savings plan. These plans allow parents to invest money for their child's education and typically offer a range of investment options, such as stocks, bonds, and money market funds. The investments can be changed over time as the child gets closer to college age.

Overall, changing funds are designed to provide flexibility and potential for growth over time. However, they also come with risks, such as fluctuations in the market and changes in investment strategies.

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BulbasaurNoLikeCardio
12:10
*shouldnt be
12:12
@jackfrost11770: if i get a berk A today and they have that logo im withdrawing (/s /s /s /j /j /j)
babycat
12:12
@ChowieBean: me too lol. you applying to public interest scholars program?
12:14
yes def applying public interest
12:16
i was raised like blocks away from umiami
12:16
idk if i wanna go back to florida tho so im applying there as safety/target 💀
12:25
@ChowieBean: doing the same thing
Does anyone think au gonna get back to us today
My app was complete Oct 11
If yes what time
Dkk
12:29
Sure, yes! 11:22:24 PST
ClassyPleasantHeron
12:30
I wonder if Berk was updating their system so that they could watch more video.
1a2b3c4d26z
12:41
They updated it so they could watch my video one trillion times
brookyln law portal just added person id and application id for me, what does it mean??
Dkk
12:52
@VolatileClumsyAcolyte: well someone got an A so maybe an A
just checked the reddit, apparently it means nothing..
HAPPY FRIDAY HAPPY UCLA DAY
what time would they release cuz west coast
BulbasaurNoLikeCardio
12:54
I hate that Vanderbilts portal gives no status
HopefullyInLawSchool
12:54
@VolatileClumsyAcolyte: did you apply YM to Brooklyn?
JumpySubsequentDolphin
12:57
@SplitterusClitterus: THEY BETTER HAVE AN A WAVE TODAYYY
glovediedthisishismom
12:57
kendrick lamar
glovediedthisishismom
12:57
album
JumpySubsequentDolphin
12:57
I think usually they release at like 1ish?
JumpySubsequentDolphin
12:57
@glovediedthisishismom: GNXXXX
babycat
12:59
I heard if you apply YM at Brooklyn specifically it’s the equivalent of like a 5 LSAT point boost
HopefullyInLawSchool
13:00
^^^^This
13:00
does anyone have any information on lsu? I have only heard of 1 person getting a decision and its driving me insane
HopefullyInLawSchool
13:01
Just info on their YM applications but nothing else
HopefullyInLawSchool
13:02
@BeFree03:
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