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Simple English definitions for legal terms

current market value

Read a random definition: equality before the law

A quick definition of current market value:

Current Market Value: The amount of money an item can be sold for right now.

A more thorough explanation:

CURRENT MARKET VALUE

Current market value refers to the price at which an asset can be sold within the present accounting period.

For example, if you own a house and want to sell it, the current market value is the amount of money you could sell it for right now. Similarly, if you own stocks in a company, the current market value is the price at which those stocks are currently trading on the stock market.

Another example could be a car. If you want to sell your car, the current market value is the amount of money you could sell it for in the current market conditions.

The examples illustrate the definition of current market value by showing how it applies to different types of assets. In each case, the current market value is the amount of money that the asset could be sold for in the current market conditions. This value can change over time as market conditions change, so it is important to keep track of the current market value of your assets if you are planning to sell them.

current income | current money

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

Mostlylegal

16:13

tmrw fo sho

NightHawkBird

16:13

We keep saying tmr

starfishies

16:14

always tmr

MrThickRopes

16:14

bruh fuck fo pm

MrThickRopes

16:14

ima crash tf out

nattyalley

16:15

5:30 trust

starfishies

16:15

realistically im only hoping for friday ndls

hcarralero2005

16:15

I sent an email updating my resume with a new internship, every single school responded so far except NYU

hcarralero2005

16:15

you know

hcarralero2005

16:16

my top school

starfishies

16:16

nyu is a mess idk i wouldn't have high expectations on turnaround in any fashion

Mostlylegal

16:16

mr ropes, idk why you think 4 pm is the time when waves come im p sure its standard to be like 5/5:30

NightHawkBird

16:17

That’s facts but I trust in Mr ropes he gets me riled up for fo

starfishies

16:17

ropes brought hope back to this chat

JupitersMoons

16:17

oh bestie Mountain is okay I am aware, this cycle was essentially a practice in rejection therapy for me

JupitersMoons

16:17

that being said, that one A is making me question R&Ring

starfishies

16:18

reach out to see if they'd reimburse you for a visit. you should definitely go see the town before you decide

JupitersMoons

16:19

thank you I lowk wasn't sure if we could do that

JupitersMoons

16:19

they let me in after admitted students day and I was like well... what do we do about that

starfishies

16:20

i went to asd and their office is very kind. i think there's a decent chance they'd reimburse you

Mostlylegal

16:21

@starfishies: have you had a date change at ndls?

JupitersMoons

16:21

Their admissions office is actually top tier, had a problem with a letter of rec that went out to all schools and they personally emailed me and made sure it got fixed. Rocketed them up my internal ranking fs

ClassyPleasantHeron

16:25

I'm wondering if that kid in Off Topic has a misconduct file yet, and if I can read it.

starfishies

16:25

@Mostlylegal: yep i got 4/1 i applied early dec (it was my last app) and @Jupiter i really have an overall positive view of the school if you ever need positive confirmation for them

Mostlylegal

16:32

lets hope friday is our day, i just got mine tday

Deddy

16:35

can i ask an lsat question rq?

Mostlylegal

16:37

sure

starfishies

16:38

yep hoping for some straggling decisions before the 4/15 deposit deadline but ill be alright if not

DerangedEmptyCattle

17:21

any guesses on the next wave for loyola chicago?

NightHawkBird

17:35

Looks like no waves td

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