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LSDefine

Simple English definitions for legal terms

charge account

Read a random definition: cert pool

A quick definition of charge account:

A charge account is when you buy things and pay for them later. You can buy things and pay for them all at once or over a certain period of time. It's like borrowing money from the store or company you're buying from. You need to be trusted to pay back the money you owe. Sometimes, you can buy things on a charge account as long as you don't owe too much money already. This is called a revolving charge account.

A more thorough explanation:

A charge account is a credit arrangement between a customer and a seller. The customer can purchase goods and services and pay for them periodically or within a specified time. This means that the customer can buy things without having to pay for them right away.

  • When you go to a department store and use a credit card to buy clothes, you are using a charge account. You will receive a bill at the end of the month for the amount you owe.
  • If you have a charge account at a local hardware store, you can buy tools and supplies for your home improvement projects and pay for them later.

These examples illustrate how a charge account works. The customer can make purchases without having to pay for them immediately. Instead, they will receive a bill or statement at a later time, usually at the end of the month. This allows the customer to manage their finances and make purchases when they need to, without having to worry about having enough money on hand.

chargeable | charge and discharge

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18:45
@HeadyInvincibleRabbit: https://www.reddit.com/r/lawschooladmissions/comments/1jt3hdb/share_of_lsdata_users_that_have_heard_back_from/ Re 87% in that time frame have heard back (of LSD users). So figure 70% of BC applicants use LSD, I would say there is a decent chance you will hear back hopefully soon. IG from the school chat on here there was a recent R wave, so if that was not you, that is a plus
@llama thanks bro just tryna stay positive
in addition to formal LOCIs that I attach to emails, i can also send shorter emails closer to deposit deadlines to express my continued interest, right??
20:29
@HeadyInvincibleRabbit: LOCIs every 4 weeks if you are wait listed is what I have been told. On schools you have not heard from, I have also heard you should not contact them. I disagree: admittance is a binary event [with infinite inputs like ur gpa, lsat, how the adcom is feeling that day, if they like u for whatever reason outside of your control] : you get in or you do not, so if by u emailing them a few times to express your continued interest/ if you have a question, I do not see the issue with that. However, someone else here may say otherwise. Take what I say with a micro grain tho lol
Denny
21:24
Dk wya
Denny
21:24
We tubbing
did someone say dk
MrThickRopes
22:08
yoooooooooooooooooooooo
MrThickRopes
22:08
WHO UPPPP WE GETTIN LITTT TN
good luck yall, i aint a law student but my brother is and was checking some shit for him, yall got this
and if ur reading this, go to sleep, yall have an exam tomorrow
babycakes
8:10
wrong website lil bro we’re not law students on here
speak for yourself
i have to procrastinate somehow
im hungry
silly
hey yall, I decided to create a Facebook group for AUWCL: https://www.facebook.com/share/g/15xAWV3jda/
feel free to share on reddit cause im not really on there
Mostlylegal
10:59
grats! Go to wagshals for some overpriced icecream but incredible sandwiches when ur there
Mostlylegal
11:11
ND finally makes some decisions and im not a part of it :(
can someone put some positive vibes out there for loyola chicago to get back to me today??? the wait is killing me.
Mostlylegal
11:17
they havent rejected you yet! Not sure when you applied but no answer is always better than a bad answer
MrThickRopes
11:18
fo pm comin soon
Mostlylegal
11:18
big big big friday fo pm
Mostlylegal
11:19
i find it so funny I only applied to NW for the memes (and free fee waiver) and didnt do a KIRA but still havent been Rd or WL
babycakes
11:27
what are the NU memes
babycakes
11:27
4 pm boutta be a generational run
babycakes
11:28
4 pm is meeting at the intersection between art and technology
babycakes
11:32
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