Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

income-basis method

Read a random definition: Veto

A quick definition of income-basis method:

The income-basis method is a way to figure out how much money you can make from a certain investment. Instead of just looking at the amount of money you put in, this method also takes into account how much interest you will earn. This helps you get a better idea of how much you can expect to earn overall.

A more thorough explanation:

The income-basis method is a way to calculate the rate of return on a security. Instead of using the face value of the security, this method uses the interest and price paid for the security.

For example, let's say you buy a bond for $1,000 that pays 5% interest annually. Using the income-basis method, you would calculate your rate of return based on the $50 in interest you receive each year, rather than the $1,000 face value of the bond.

Another example would be if you bought a stock for $50 that pays a dividend of $2 per share annually. Using the income-basis method, you would calculate your rate of return based on the $2 in dividends you receive each year, rather than the $50 purchase price of the stock.

The income-basis method is useful because it takes into account the actual income generated by the security, rather than just the face value or purchase price. This can give a more accurate picture of the rate of return on an investment.

income-based plan | income beneficiary

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
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.
9:42
My name is renard99 and I just sent @babycat feet pics
glovediedthisishismom
9:42
nobody is at the office today they should let little glovey go home and watch harry potter
Dkk
9:49
Lmfao, Gross
Dkk
9:49
@glovediedthisishismom: Watch it at the office!
Dkk
9:50
Proton vpn and https://en.solarmovie-official.lol/
let little glovey go home!
LSD+ is ad-free, with DMs, discounts, case briefs & more.