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LSDefine

Simple English definitions for legal terms

futures

Read a random definition: franchise

A quick definition of futures:

Futures: Futures are things that people buy or sell to get them in the future. These things can be things like gold, stocks, or even money from other countries. People agree to buy or sell these things at a certain price and time in the future. This is called a futures contract. Sometimes, people who might be hurt by someone else can also be called futures, especially if they are part of a group of people who were hurt and are trying to get justice together.

A more thorough explanation:

Definition: Futures are standardized assets, such as commodities, stocks, or foreign currencies, that are bought or sold for future acceptance or delivery. They are also known as financial futures. A futures contract is an agreement to buy or sell a specific asset at a predetermined price and date in the future. Future claimants are individuals who would become members of a class of persons injured by a defendant and included in a class action.

  • Buying a futures contract for gold means agreeing to purchase a specific amount of gold at a set price on a future date.
  • Selling a futures contract for oil means agreeing to deliver a specific amount of oil at a set price on a future date.
  • In a class action lawsuit, future claimants are individuals who have not yet been injured but may be in the future due to the defendant's actions.

The examples illustrate how futures are used to hedge against price fluctuations in various assets. By agreeing to buy or sell at a predetermined price, investors can protect themselves from potential losses or secure profits. Future claimants are individuals who may be affected by a legal case in the future and are included in a class action lawsuit.

future performance | futures-commission merchant

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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]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
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