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LSDefine

Simple English definitions for legal terms

closed account

Read a random definition: coram judice

A quick definition of closed account:

A closed account is an account that can no longer have any more money added or taken out, but it can still be adjusted or used to pay off debts. It's like a piggy bank that you can't put any more coins into, but you can still take some out if you need to.

A more thorough explanation:

A closed account is an account that no further credits or debits may be added to but that remains open for adjustment or setoff. For example, a credit card account that has been paid off and closed cannot be used for any further purchases or payments, but the account may remain open for a period of time to allow for any final adjustments or disputes.

Another example of a closed account is a bank account that has been closed by the account holder. The account will no longer be active, but any remaining funds may be transferred to another account or returned to the account holder.

Overall, a closed account is one that has been terminated and is no longer active for any further transactions.

closed | closed adoption

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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