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LSDefine

Simple English definitions for legal terms

hard asset

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A quick definition of hard asset:

A hard asset is something that you own and has value, like a house or a car. It's one of the things listed on a balance sheet that shows what you own. Sometimes, when someone owes money, all their assets are used to pay off their debts. A hard asset is different from a financial asset, which is something that can be easily turned into cash, like a savings account.

A more thorough explanation:

Definition: A hard asset is a type of real asset that has intrinsic value and can be physically touched or held. It refers to tangible assets such as real estate, gold, silver, and other precious metals, machinery, and equipment.

Examples: Real estate, gold, silver, machinery, and equipment are all examples of hard assets. For instance, a piece of land is a hard asset because it has intrinsic value and can be physically touched or held. Similarly, gold and silver are hard assets because they have value and can be held in physical form.

Explanation: Hard assets are considered to be a good investment because they have intrinsic value and are not subject to the same market fluctuations as other types of assets. For example, the value of a piece of real estate may fluctuate, but it will always have some value because it is a tangible asset. Similarly, gold and silver have been used as a store of value for centuries because they are tangible assets that have intrinsic value.

harbor line | hard case

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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
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
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