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LSDefine

Simple English definitions for legal terms

inheritable security

Read a random definition: white slavery

A quick definition of inheritable security:

Inheritable security refers to a type of security that can be passed down from one generation to another. Security, in general, means something that provides protection or assurance against danger or loss. In the financial context, security refers to collateral given to guarantee the repayment of a debt or an investment instrument that represents ownership or creditor rights in a company or government. Securities have no intrinsic value but derive their worth from the financial condition or prospects of the issuer and the market demand for them.

A more thorough explanation:

Inheritable security is a type of security that can be passed down from one generation to another. It is also known as heritable security.

Security refers to collateral given or pledged to guarantee the fulfillment of an obligation. For example, when you take out a loan, you may need to provide collateral such as your house or car to ensure that you will repay the loan. This collateral is a form of security.

Another example of security is an instrument that shows ownership rights in a company, such as a stock or bond. These securities represent an investment in the company and can be bought and sold on the stock market.

Inheritable security means that the security can be passed down to future generations. For example, if your parents leave you stocks in their will, those stocks are an inheritable security.

Overall, inheritable security is a type of collateral or investment that can be passed down from one generation to another.

inheritable obligation | inheritor

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m10
11:40
@EvolBunny: Indeed! I am just riffing. Practicing for when I get into Chicago and do standup there on the weekends and get mad pussy.
11:40
You only do cardio on the weekends ;)
babycat
11:40
@m10: I have a friend that does this but he doesn’t get mad pussy
m10
11:40
I'll work that in! Sounds like a good way to segway.
m10
11:41
@babycat: yeah, well unlike 99.99% of people who do standup I will.
BulbasaurNoLikeCardio
11:41
To do stand up comedy you have to have fat balls, that is awesome
m10
11:41
Woah, I got little balls. Like Adam Friedland. I ain't no Stavros.
what are we hoping for today?
m10
11:44
Nothing. No news is good news for me.
11:44
Crickets coming from my status update
babycat
11:45
dk are we gonna go to a homoerotic law school together?
11:45
@m10: at undergrad froshers: https://www.youtube.com/watch?v=6YEarMyIAzs
m10
11:46
@EvolBunny: God damn, classic Randy.
babycat
11:48
Going to law school with you is even more fun than going to San Sebastian, Irún, Hendaye, Biarritz, Bayonne or being sick to my stomach on the Travesera de Gracia in Barcelona partly because in your orange shirt you look like a better happier St. Sebastian partly because of my love for you, partly because of your love for yoghurt partly because of the fluorescent orange tulips around the birches partly because of the secrecy our smiles take on before people and statuary
m10
11:49
Man, there is this girl I visit every month at this one restaurant who I used to go skinny dipping with naked like @ararara always talked about in San Diego. We randomly reconnected like two months ago at this place she works at and we talk a lot about John Steinbeck books. If I don't visit her this month, she might be sad. However, this is my first day not sick and I worry about getting her sick and I am broke. What should I do LSD?
m10
11:49
Thanks @babycat that means a lot!
m10
11:50
Glad we can both be content at Scalia law. One of my favorites.
you can ask her if she wants to risk getting sick
11:50
hi lsd
m10
11:50
I dont have her number or any social media. This is one of those regular kinda things in restaurant and bar culture.
11:50
berk td is unlikely so BERK MONDAY :eyes:
hi eggan :)
babycat
11:52
@m10: I’m not going to DC this isn’t going to work out
11:55
hello all
hello info man
@m10: go see her it's worth the risk
11:55
hey wasp
babycat
11:56
hi information man
m10
11:56
Thanks wasp, I will.
11:56
hey babycat
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