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LSDefine

Simple English definitions for legal terms

cross

Read a random definition: rule of necessity

A quick definition of cross:

Term: CROSS

Definition: Cross can mean two things. First, it can refer to cross-examination, which is when a lawyer asks questions to a witness in court to test their credibility or to get more information. Second, it can refer to a type of stock sale that happens between two private parties instead of on the stock exchange. This type of sale usually needs permission from the exchange.

A more thorough explanation:

Definition: Cross can have two meanings:

  1. Cross-examination: This is when a lawyer questions a witness from the opposing side in a court case to challenge their testimony or credibility.
  2. Cross sale: This is when a large amount of publicly traded stock is sold between two private parties, with exchange permission required.

Example: During the trial, the defense attorney conducted a thorough cross-examination of the prosecution's key witness to try and poke holes in their story.

Example: The billionaire investor made a cross sale of 10 million shares of a tech company's stock to another wealthy individual.

The first example illustrates the use of "cross" in the context of cross-examination, where a lawyer is questioning a witness from the opposing side in a court case. The second example illustrates the use of "cross" in the context of a cross sale, where a large amount of publicly traded stock is sold between two private parties with exchange permission required.

critter | cross-action

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General chat about the legal profession.
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👍 Chat vibe: 7 👎
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Tell us what's important to you
11:19
That school’s* culture
11:23
Thanks Howl you're right :D I def talked about solving problems in my PS
12:03
@HowlEngineer: what's your dream school
MildChiller
12:08
"Have you applied for admission to [school] in a prior year" I applied in Oct. of the 23-24 cycle, should I put 23 or 24 as the year I applied?
MildChiller
12:09
Bcuz 2023 is when I technically applied but I applied for admissions in 2024
12:14
2024 cuz that's when you would've been admitted
I agree with Howl
12:19
Gecko what's ur dream school
Hard to say. I'm pretty firmly committed to the philly area so probably temple or villanova
Also relatively debt averse so I'd have to get a good scholarship from BC or Fordham to want to go but that's not very likely for me
Any advice? lol
[] baddestbunny
12:25
what’s a good scholarship for you? what would make BC or Fordham worth it?
12:25
Hmmmm let me think
[] baddestbunny
12:25
fordham’s max aid they give is 45k per year
Bunny I can possibly get a 75%+ scholarship from villanova or temple, and I'd be moving back in with my parents if I went there so I'd have near-zero COL. It'd be really hard to beat that
I would prefer BC over Fordham just because I like boston more, but I'm expecting a WL there tbh
I would maybe consider BC with $ but I don't know how to decide if a better biglaw chance is worth the COL + higher tuition
12:50
How do I know if my status checkers are properly linked
12:59
@ChowieBean: right now, Michigan, but there are several that come close. How about you?
13:05
@Law01: I haven't gotten the status checkers to work at all. When I sent an email to the LSData folks the other week, they said they were working on fixing them
13:10
but I think "Last Checked" would change from "Never" to something else
13:30
@HowlEngineer: I'll get more specific once I get my LSAT score, but NYU, Berk, GTown, UCLA
13:30
Anywhere that's top for PI
14:54
What do people typically write in the 'Optional Statement' for Georgetown
15:25
Yale application is wayyy too much work
15:28
So many apps want 'post-college activities' time to get a fuckin job
15:55
hey guys what happens if we dont have any honors or achievements oof, just don't include a section for it on the resume?
[] baddestbunny
16:01
They make the Yale app a lot of work to filter out the people who don’t really want it like that
16:25
@ChowieBean: i made a silly video for my optional statement :3
letsseehowitgoesnow
16:43
@ChowieBean: I wrote a DS and top 10 list lol
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