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LSDefine

Simple English definitions for legal terms

expense ratio

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A quick definition of expense ratio:

Expense Ratio: The expense ratio is a way to measure how much money is spent compared to how much money is earned. It is calculated by dividing the total expenses by the total income. This helps people understand how much it costs to run a business or manage an investment. For example, if a company spends $100 to earn $1,000, the expense ratio would be 10%.

A more thorough explanation:

Expense ratio is a term used in accounting to describe the proportion or ratio of expenses to income. It is calculated by dividing the total expenses of a company by its total income.

If a company has total expenses of $50,000 and total income of $100,000, its expense ratio would be 50% ($50,000 ÷ $100,000).

Another example could be a household budget. If a family has a total income of $5,000 per month and their total expenses are $4,000 per month, their expense ratio would be 80% ($4,000 ÷ $5,000).

The expense ratio is an important metric for businesses and individuals to track as it helps to determine the financial health of the entity. A high expense ratio may indicate that a company or household is spending too much money relative to their income, while a low expense ratio may indicate that they are managing their finances well.

expense loading | expenses of receivership

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windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
Minus those random R decisions from UMN yesterday though right? I wonder what happened there. I don’t think I’ve seen a school start the season out with anything but As on here
almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish
Irvine is being snobby and wont start any review until end of Nov.
Yeah, it’s tough. I’m distracting myself by playing good video games after work :)
im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
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