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LSDefine

Simple English definitions for legal terms

interesse

Read a random definition: Arizona v. United States (2012)

A quick definition of interesse:

Term: INTERESSE

Definition: Interest is a word that means two things. First, it can mean money that you earn when you lend someone money or put your money in a bank. Second, it can mean that you have a right to own or use something, like a house or a car.

A more thorough explanation:

Interesse

Interesse (in-tər-es-ee) is a Latin term that refers to:

  1. Monetary interest: This is the amount of money that is charged by a lender for borrowing money. For example, if you borrow $100 from a bank and the interest rate is 5%, you will have to pay back $105.
  2. A legal interest in property: This is a legal right or claim that a person has over a property. For example, if you buy a house, you have a legal interest in that property and can sell it, rent it out, or use it as collateral for a loan.
  • John borrowed $500 from a friend and promised to pay back $550 in a month. The $50 is the interest charged by his friend for lending him the money.
  • Mary inherited a piece of land from her grandfather. She has a legal interest in the property and can sell it or rent it out to earn money.

The examples illustrate the two meanings of interesse. In the first example, John has to pay back more than he borrowed because of the interest charged by his friend. In the second example, Mary has a legal right over the land she inherited and can use it to make money.

inter eosdem | interessee

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renard99
14:43
Also Jack ik you and I haven't talked in a bit but we have similar stats, backgrounds, WE. If you ever want solace in this messy process text me on Discord
14:44
im still in the queue to be reviewed for penn so
lilypadfrog
14:44
@SplitterusClitterus: I applied like two weeks later. It was one of my last apps
jackfrost11770
14:44
I mean I think you're more likely to get WL than R at UPenn lmao, I'm taking it as an R whatever
ReminiscentZestyFish
14:45
Tru
GreyCeaselessMammoth
14:45
notHim at it again
14:45
notHim is a born WINNER
14:47
ya i basically have penn r
Trismegistus
14:48
how would you know
14:48
uh wdym. i didnt get penn A or penn WL
jackfrost11770
14:48
Check substatus, it's not an update. I didn't even notice it at first
14:48
Substatus?
14:48
i cant get into my penn rn so im just assuming
14:48
same @Eggan
cumsock
14:49
carole baskin sold all her land
14:49
If it says under committee review I’m still alive right
cumsock
14:49
for 20 million fuckin dollars
Trismegistus
14:49
that's what mine saying @sadpadresfan
14:50
ya im on the plane so it wont let me log into lsac for some readon
14:50
for another 2 hours
lilypadfrog
14:50
im out here in miamiiiii
14:50
Whoa someone got Penn WL but Harvard A earlier what the heck
Trismegistus
14:50
happens all the time
14:51
I stg every time I see you that Jorge Ben song starts playing in my head again
Trismegistus
14:51
LOL
jackfrost11770
14:53
Egg not necessarily, I didn't get an email. It just says waitlist in application status which is mad annoying lol. At least tell us what you want like a LOCI or anything
14:54
i cannot get into my portal
14:54
i will not know
14:54
delta have better wifi challenge
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