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LSDefine

Simple English definitions for legal terms

earnings

Read a random definition: occultatio thesauri inventi

A quick definition of earnings:

Earnings refer to the money that someone makes from working, investing, or owning assets. It can also include money that is set aside for a specific purpose and cannot be used for other things. When someone is unable to work due to injury or job loss, they may be awarded lost earnings as compensation. This money represents what they would have earned if they had not been unable to work.

A more thorough explanation:

Earnings refer to the revenue gained from labor or services, investment of capital, or assets. It is a form of income that individuals or companies receive.

  • Gross earnings: This refers to the total income earned before any deductions or taxes are taken out. For example, if an individual earns $50,000 per year, their gross earnings would be $50,000.
  • Lost earnings: This refers to the income that an individual could have earned if they had not lost their job, suffered a disabling injury, or died. For instance, if a person was unable to work due to an injury, they may be awarded lost earnings as damages in a personal injury case.
  • Appropriated retained earnings: These are retained earnings that a company's board designates for a specific purpose and are therefore unavailable for other uses. For example, a company may appropriate retained earnings for research and development purposes.

The examples illustrate how earnings can be earned through various means such as labor, investment, or assets. Gross earnings show the total income earned before any deductions or taxes are taken out. Lost earnings refer to the income that an individual could have earned if they had not lost their job, suffered a disabling injury, or died. Appropriated retained earnings are retained earnings that a company designates for a specific purpose and are therefore unavailable for other uses.

earning capacity | earnings and profits

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General

General chat about the legal profession.
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(idk anything about arabic dialects lmao)
@JumpySubsequentDolphin: I appreciate the vote of confidence
JumpySubsequentDolphin
22:58
@shaquilleoatmeal: I HAAATE JABID
shaquilleoatmeal
23:03
Lmaooo why that song is mad catchy
JumpySubsequentDolphin
23:04
they’re so icky
JumpySubsequentDolphin
23:04
mahrajan shabab falastin - such a weird song
shaquilleoatmeal
23:04
Duly noted 🫡
shaquilleoatmeal
23:05
Put me on some good music then
23:06
How does that video have 290M views it looks like it was shot on a budget of $2 and a bottle of Coke
shaquilleoatmeal
23:07
Do you listen to saint levant? That’s a dude who can speak 5 languages lmao
shaquilleoatmeal
23:07
lol back in the day that’s how videos were made and it was pure gold
23:08
Levantine truly is the best one day I’ll find the will to learn Arabic and I’ll go with Levantine
23:10
my friend from college learned arabic and she became fluent and spent a semester doing independent study in jordan. i thought that was cool
JumpySubsequentDolphin
23:11
@shaquilleoatmeal: wea’youneha by sana moussa is the song i have reserved for my wedding
JumpySubsequentDolphin
23:12
@shaquilleoatmeal: he’s a douche but his music can be fairly catchy
JumpySubsequentDolphin
23:12
@renard99: yes I’m loving the Levantine love!! and @eggan v cool Amman is one of my fave places
shaquilleoatmeal
23:16
Send me a link - I get a couple mixed results when I search
shaquilleoatmeal
23:17
Nvm I found it
shaquilleoatmeal
23:20
Sounds like someone’s playing the qanun?
JumpySubsequentDolphin
23:23
perhaps
JumpySubsequentDolphin
23:23
the lyrics are chefs kiss
shaquilleoatmeal
23:29
Tell me what it translates to tomorrow, I gotta sleep, Laylah sa'eedah 😴
JumpySubsequentDolphin
23:31
tusbihun ‘ala khair
HELLO ALL
whos awake \
JumpySubsequentDolphin
23:42
hi SPLITTY!!!
HIII DOLPHYY
stanford finally sent me a status checker tomight
do yall know if "Your file has been submitted for review" just means under review
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