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LSDefine

Simple English definitions for legal terms

hard dollars

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A quick definition of hard dollars:

Hard dollars refer to cash payments made to a seller. It is the part of an equity investment that cannot be deducted in the first year. This is different from soft dollars, which are non-cash benefits received by investors.

A more thorough explanation:

Definition: Hard dollars refer to cash proceeds given to a seller or the part of an equity investment that is not deductible in the first year. This is in contrast to soft dollars, which are non-monetary benefits received by investors, such as research or other services.

Example 1: A company sells a piece of equipment for $10,000 in hard dollars. This means that the seller receives $10,000 in cash, rather than any other form of payment.

Example 2: An investor purchases $100,000 worth of stock in a company. Of this amount, $80,000 is considered hard dollars, meaning that it is not tax-deductible in the first year. The remaining $20,000 may be tax-deductible.

These examples illustrate the definition of hard dollars by showing how they represent actual cash payments or investments that are not immediately tax-deductible. Hard dollars are important to consider when making financial transactions, as they can impact the amount of taxes owed or the overall value of a sale or investment.

hard currency | hard goods

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JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
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