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LSDefine

Simple English definitions for legal terms

full value

Read a random definition: gift-tax exclusion

A quick definition of full value:

Full value: The complete worth of something. This is similar to the fair market value, which is the price that something would sell for in a fair and open market. A full warranty means that a product is guaranteed to work properly for a certain amount of time. Fully administered means that an executor or administrator has finished taking care of all the assets in an estate and there is nothing left to distribute.

A more thorough explanation:

FULL VALUE

Full value refers to the fair market value of an asset or property. It is the price that a willing buyer would pay to a willing seller in an open market transaction.

For example, if a house is listed for sale at $500,000 and a buyer agrees to pay the full asking price, then the full value of the house is $500,000.

Full value can also refer to a plea made by an executor or administrator of an estate. This plea states that all assets of the estate have been legally disposed of and there are no remaining assets to satisfy any new claims.

For example, if an executor of an estate files a fully administered plea, it means that all debts and taxes have been paid, all assets have been distributed to beneficiaries, and there are no remaining assets to be distributed.

full settlement | fully diluted earnings per share

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19:37
google contracted with reddit to train their ai how people talk. lol the 'ai future' is going to be full of search results FED REDDIT POSTS. unplug the internet now! https://www.reuters.com/technology/reddit-ai-content-licensing-deal-with-google-sources-say-2024-02-22/
Google AI is actually pretty cool though. Only when its actually accurate though.
19:40
by pretty cool, do you mean smug pseudo intelect?
Dkk
19:40
THE INTERNET WAS A MISTAKE. END IT NOW.
Dkk
19:40
Google AI kept telling me schools were not binding ED when they were. Really annoyed me.
Dkk
19:41
Yeah, when accurate it is nice.
this election has the potential to push america further into ultranationalist populism
Dkk
19:42
Maybe, didnt happen last time.
19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
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