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LSDefine

Simple English definitions for legal terms

chargee

Read a random definition: hard currency

A quick definition of chargee:

A chargee is someone who holds a charge on property or a security on a loan. They can also be someone who is charged with a crime. When a debt is unlikely to be paid, it is treated as a loss or expense and is called a bad debt. There are different types of debts, such as consumer debt, judgment debt, and secured debt. Some debts are uncollectible and cannot be released through bankruptcy, such as delinquent taxes. Other debts have priority over others, such as an employee's wages or a privileged debt.

A more thorough explanation:

Definition: The holder of a charge on property or of a security on a loan. Also, one charged with a crime.

Example: A bank that lends money to someone to buy a house will become the chargee of the property until the loan is paid off. If the borrower fails to pay back the loan, the bank can take possession of the property. In criminal law, a chargee is someone who has been charged with a crime and is awaiting trial.

Explanation: The first example illustrates how a chargee is the holder of a security on a loan. The bank has a charge on the property until the loan is paid off, which means they have a legal right to take possession of the property if the borrower defaults on the loan. The second example shows how a chargee can also refer to someone who has been charged with a crime. This person is the recipient of the charge, which is a formal accusation of wrongdoing.

charged with notice | charge sheet

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General chat about the legal profession.
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Mr. Bad Fumbla
Bag
Dkk
16:01
Commits to kys when I commit to kms the same day. What a crazy november 5th.
[] baddestbunny
16:02
kms isn't even a t50 you should r&r
does anyone ever think about how we have no idea who everyone else here is? like you guys dont know me at all thats so crazy cause i talked to you more than ppl irl today
i'm a hallucination
the hat man
HopefullyInLawSchool
16:03
isnt r&r a t50?
keep popping benadryls and ill stay online
law school chat roulette
[] baddestbunny
16:04
living out the plot of the movie unfriended in the yale invite-only webinar
You were only invited to round out the numbers anyway lol
Dkk
16:05
I'm too old to r&r, just gunna kms rn.
Dkk
16:05
Gotta get this show on the road.
Dkk
16:05
Lmfao
JumpySubsequentDolphin
16:05
washu stop emailing me while I’m waiting for a decision challenge
[] baddestbunny
16:05
I'm not in their webinar I just thought it would be a funny thing to have happen
[] baddestbunny
16:05
bc I have a sense of whimsy and imagination
Ah, youre a worm gorl'
shaquilleoatmeal
16:07
battle of the bunnies
How bout dat ASU wave
letsseehowitgoesnow
16:08
bunny hows it looking out there?
[] baddestbunny
16:08
I just think it's weird when a make a joke about everyone in the yale webinar being tortured by a malevolent spirit and someone says you only got invited to round out the numbers
why
go off queen
[] baddestbunny
16:09
which number am I rounding out? 5'4 women who deserve to be tortured?
someone invited to the yale webinar would get it
[] baddestbunny
16:10
if you don't get invited to the yale webinar canada sends you an email letting u know you qualify for MAID
what's that
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