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LSDefine

Simple English definitions for legal terms

inheritable security

Read a random definition: Smithsonian Institution

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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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.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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