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LSDefine

Simple English definitions for legal terms

optionor

Read a random definition: seise

A quick definition of optionor:

Optionor: A person who gives someone else the right to buy or sell something at a certain price. They are also called option-givers or optioners.

A more thorough explanation:

Definition: An optionor (also spelled optioner) is a person or entity that grants an option to another party. An option is a contract that gives the holder the right, but not the obligation, to buy or sell an asset at a predetermined price within a specified time frame.

Examples:

  • John is the optionor who granted an option to Mary to buy his house for $500,000 within the next six months.
  • The company acted as the optionor and granted its employees the option to purchase company stock at a discounted price.

These examples illustrate how an optionor grants an option to another party. In the first example, John is the optionor who gave Mary the right to buy his house at a specific price within a certain time frame. In the second example, the company acted as the optionor and gave its employees the right to purchase company stock at a discounted price.

optionee | option premium

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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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