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LSDefine

Simple English definitions for legal terms

intrinsic value

Read a random definition: substantive felony

A quick definition of intrinsic value:

Intrinsic value: The true value of something based on its inherent qualities, without any special features that might affect its market value. For example, the intrinsic value of a silver coin is simply the value of the silver within it. It is different from the price that something might fetch in the market, which can be influenced by various factors like supply and demand.

A more thorough explanation:

Intrinsic value refers to the inherent value of something, without any special features that might alter its market value. For example, the intrinsic value of a silver coin is simply the value of the silver within it.

An example of intrinsic value can be seen in the stock market. If a company's stock is undervalued, meaning its market value is lower than its intrinsic value, investors may see it as a good opportunity to buy the stock at a lower price and hold onto it until the market value increases to match its intrinsic value.

intrinsic ambiguity | introduce into evidence

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HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
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