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LSDefine

Simple English definitions for legal terms

contribution

Read a random definition: Community Patent Convention

A quick definition of contribution:

Contribution: Contribution is a term used in law and business. In law, it refers to a defendant's ability to recover damages from co-defendants in a joint and several liability jurisdiction. This means that a negligent defendant is liable to pay damages for all harm suffered by the plaintiff, even if the negligence of other parties caused some of that harm. After a plaintiff collects from a jointly and severally liable defendant, that defendant may initiate a separate lawsuit seeking contribution against the co-defendants. In business, contribution may refer to a capital contribution, which is money or assets given to a business or partnership by one of the owners or partners, or a charitable contribution, which is money or assets given to a corporation organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes.

A more thorough explanation:

Contribution is a term used in business and tort law. In tort law, it refers to an action a defendant may bring in a joint and several liability jurisdiction to recover for damages they paid out but did not cause. This means that if a plaintiff collects from a jointly and severally liable defendant, that defendant may initiate a separate lawsuit seeking contribution against the co-defendants. In this suit, the co-defendants will be required to pay damages in proportion to their blame for causing the injuries.

For example, if A and B negligently injure V, and V successfully sues A and B for $100,000, that the jury finds A 10% responsible for V's injuries, and B 90% responsible. Because A and B are jointly and severally liable, V may collect the full $100,000 from A. A may then demand that B pay their share of the judgment - here, $90,000.

In business law, contribution may refer to a capital contribution, which is money or assets given to a business or partnership by one of the owners or partners. The capital contribution increases the owner or partner's equity interest in the entity. Capital contributions are not considered business income unless given in the form of a loan.

Contribution may also refer to a charitable contribution, which is money or assets given to a corporation organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes. Charitable contributions are tax deductible for up to one half of an individual's adjusted gross income, and up to ten percent of a corporation's taxable income.

Overall, contribution is an important concept in law that helps to ensure that damages are paid out fairly and proportionally among all parties involved.

contractual lien | contributory infringement

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1:15
Was she a natural ginger or a fake ginger? You can’t always tell
Dkk
1:15
@CynicalOops: I go white people cus I am white. Hispanics cus I am hispanic. Black women, Asian women. Sub races Idk.
Dkk
1:15
@cheriebomb: Fake. Her natural hair color was blond.
1:16
A fake ginger bitch will ruin your life <3
CynicalOops
1:16
I met a ginger and i thought she was a real one and then she was fake and it shattered my world
CynicalOops
1:16
Then she moved to london
Dkk
1:16
Uhhh she kinda just ruined hers by trying to cheat on me and then some guy raped her lol.
CynicalOops
1:16
Shattered x2
Dkk
1:17
@cheriebomb: maybe though. Maybe that is true but you shouldn't be saying that to people if you want them to date you.
1:17
Why are women always moving to London? There’s nothing good there
1:17
I’m just being transparent
1:17
The heart indicates that it’s a good thing
Dkk
1:18
Okay sounds good. Yeah my cousin moved to London. Nothing there for him after 6 years and he moved back to New York.
Dkk
1:19
Great to visit, not great to stay imo.
1:19
London sucks and cyncial’s fake ginger is probably regretting it right now
1:19
So dark and rainy and I hate the way they talk
1:19
And their sense of humor
CynicalOops
1:19
Shes was from london so im not sure
CynicalOops
1:21
Dkk i do appreciate your transparency i really understand you better
Dkk
1:21
Europe seems off to me in general. I met a lot of weird europeans in Crypto.
1:21
Oh maybe not then. But that’s your fault for dating a girl from London in the first place
Dkk
1:21
@CynicalOops: lol maybe maybe
1:23
I always understood Dk like we developed in the womb together so this is not new to me
Dkk
1:28
Mhhh maybe
Dkk
1:29
Do I understand you?
CynicalOops
1:46
Si señor yo entiendo
Dkk
2:07
Bueno lol
Dkk
2:07
Jajajaja
CynicalOops
2:08
Latina milfs are on high alert tonight
Dkk
2:51
As they should be. Nah I aint doing shit till January. Holidays I never go out drinking and eating. Gotta take advantage of the fact you can get 5.5 lbs of mussels for $20 at costco rn.
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