Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

new value

Read a random definition: favor legitimationis

A quick definition of new value:

New value: New value refers to a value that is newly given or obtained by taking a security, such as collateral, for any debt other than a preexisting one. It can also refer to a value (such as money) that is newly acquired. In simple terms, new value means something that is recently obtained or given.

A more thorough explanation:

Definition: New value refers to the significance, desirability, or utility of something that is newly given or obtained. It can also refer to the monetary worth or price of something.

Examples:

  • When a company introduces a new product, it adds new value to its offerings.
  • If you buy a used car and fix it up, you have added new value to the car.
  • When a person invests in a stock and the stock price goes up, they have gained new value in their investment.

These examples illustrate how new value can be created or obtained through various means, such as innovation, improvement, or investment.

new-use invention | new works

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
I applied to Loyola's health law fellowship so I am hoping to get that and if not I will be attending Kent
which to be clear I really like Kent
it has a gym which is very exciting for me
Mostlylegal
11:41
i would see if you could reneg uiuc, they are an up and coming school
I am going to Loyola and Kents admitted student weekend Friday and Saturday back to back
I tried to renegotiate UIUC they denied me
also did not have the best experience at my visit there and went there for undergrad
so a new environment will be nice :)
Mostlylegal
11:43
well thats good since itll make the decision easier
yes I withdrew from uiuc hoping someone else will be able to take my spot who is willing to pay that much lol
Mostlylegal
11:43
thats kind of you
hit message limit: we can all be chi big law friends HAHAH also i'm sorry about uiuc!!
best of luck everyone ❤️
is BC releasing an A's today
It's been over 3 months since my GULC interview and still nothing. This is agony they are my top choice, but I am nit hopeful lol
Mostlylegal
12:07
rip
Mostlylegal
12:07
are you at medians?
I'm above the 75th for GPA and at the median for LSAT
I figured they must've just hated me so bad, but why not just reject me sooner lol
Mostlylegal
12:19
maybe they are just scrounging up enough funds for your full ride :)
omfg penn state law scared tf out of me with that email
Emory A wave
"update on decision....timeline!" STOP DOING THAT
RT
just say it on LSAC bruh
"decision rendered"
vomit inducing email like oh my lord i thought i was gonna die
12:27
Did someone say chicago big law friends? I am in
hello chi big law friend
i work midsize law rn in chi
LSD+ is ad-free, with DMs, discounts, case briefs & more.