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Simple English definitions for legal terms

no-limit order

Read a random definition: IRD

A quick definition of no-limit order:

A no-limit order is a type of command or instruction given to a broker to buy or sell securities without any limits on the price. This means that the broker can buy or sell the securities at any price, regardless of the market price. It is different from a limit order, which specifies a certain price for the transaction. A no-limit order can be risky, but it can also lead to higher profits if the market price goes up or down significantly.

A more thorough explanation:

Definition: A type of order in which a buyer or seller does not set a limit on the price they are willing to pay or receive for a security.

Example: An investor wants to buy 100 shares of XYZ company, but they do not want to set a limit on the price they are willing to pay. They place a no-limit order, which means they are willing to pay any price to acquire the shares.

This example illustrates how a no-limit order allows the buyer or seller to be flexible with the price they are willing to pay or receive for a security. It can be risky because the price could end up being much higher or lower than expected, but it can also lead to a better deal if the market price is favorable.

nolens volens | nolissement

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im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
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
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