Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

link financing

Read a random definition: gibbet law

A quick definition of link financing:

Link financing is when someone deposits money into another person's bank account to help them get a loan. It's a way to help someone else get the money they need. There are other types of financing too, like borrowing from a bank or selling stocks. Sometimes people need to borrow money for a short time, like when they're building something, and then they get a long-term loan to pay it back. Project financing is when a lender gives money for a big project, like a power plant, and gets paid back from the money the project makes.

A more thorough explanation:

Definition: Link financing is a type of financing where a person deposits funds into another person's bank account to help them obtain a loan.

Example: John wants to buy a car but doesn't have enough money to pay for it. His friend, Sarah, offers to help him by providing link financing. Sarah deposits money into John's bank account, which helps him qualify for a car loan. John then uses the loan to buy the car and pays it back over time.

This example illustrates how link financing works. It involves one person depositing funds into another person's account to help them obtain a loan. This type of financing can be useful for people who may not qualify for a loan on their own but have someone willing to help them out.

Lingle test | link-in-chain principle

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
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+
this is like the schizophrenic posts JJK tik tok be putting out
powerscaling Law School deans up next
11:19
Election Day election day
Write in Dean Z vote
11:20
Saw a guy that wrote in Biden and he said no retirement for you buddy
1a2b3c4d26z
11:20
@ClockworkBlue: god I hope that's true
if the country was run the same as Mich Law it would be a better place
Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
1a2b3c4d26z
11:25
I have no idea why people have so much beef w berkeley's app
I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.
1a2b3c4d26z
11:26
Like... it's a more involved app but you don't have to do it? They're clearly trying to have some self-selection go on
I 100% agree with the self selection, I also am not even close to touching the medians there. However I think the huge PS plus the video and especially the very specific criteria for the why Berkeley essay is pretty crazy
I'm curious, how bold can one be in those videos? Is it worth making a satirical Jason Statham-action short if the adcoms have no sense of humor?
the more risk you take the higher chance of it backfiring
my instinct would be low humor bc if they have such a complex application I would feel hesitant to use a major part of it as a joke. They clearly take their admissions seriously and a joke video might convey the wrong thing at the wrong time. I think that humor is best put into a PS anecdote where it adds some shine to your personality
safe is always better
All good points
LSD+ is ad-free, with DMs, discounts, case briefs & more.