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Simple English definitions for legal terms

EBITDA

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A quick definition of EBITDA:

EBITDA: A fancy word that means how much money a company makes before they have to pay for things like loans, taxes, and things that wear out over time. It's different from how much money they actually have in their bank account because it doesn't show how easy it is for them to pay their bills.

A more thorough explanation:

Definition: EBITDA is an abbreviation used in accounting that stands for "Earnings before interest, taxes, depreciation, and amortization." It is a financial metric that measures a company's profitability by subtracting its expenses from its revenue, excluding certain expenses such as interest, taxes, depreciation, and amortization.

For example, if a company has a revenue of $1 million and expenses of $500,000, including $50,000 in interest, $100,000 in taxes, $150,000 in depreciation, and $50,000 in amortization, its EBITDA would be $450,000 ($1 million - $500,000).

EBITDA is often used by investors and analysts to evaluate a company's financial performance and compare it to other companies in the same industry. However, it is important to note that EBITDA does not reflect changes in liquidity, which is the ability of a company to meet its short-term obligations.

EBIT | ebriety

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Do you know not everyone says they were ED?
11:12
No they shouldn’t be bugging you this is stressful enough without them adding More. Do what u gotta do
11:13
Got jokes I see
triplethread
11:13
its sooo stressful and im not even done applying
Just apply and get the A lol
triplethread
11:13
got like 3 more apps
there should be a law school draft akin to the NFL Draft where law schools can recruit us
or a MaxPreps esque high light video where Deans can rank us
1a2b3c4d26z
11:15
In this analogy is the LSAT the NFL combine
JumpySubsequentDolphin
11:16
I told my family I won’t get any decisions until 2025 so they wouldn’t bombard me hahah
no i think there should be a Law School combine with all new drills except there is still the 40 yard dash
and a sub 4.5 gets you into any t14
LSAT can be one of the drills
letsseehowitgoesnow
11:17
so washu only called one person
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+
this is like the schizophrenic posts JJK tik tok be putting out
powerscaling Law School deans up next
11:19
Election Day election day
Write in Dean Z vote
11:20
Saw a guy that wrote in Biden and he said no retirement for you buddy
1a2b3c4d26z
11:20
@ClockworkBlue: god I hope that's true
if the country was run the same as Mich Law it would be a better place
Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
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