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LSDefine

Simple English definitions for legal terms

out-of-pocket expenses

Read a random definition: Piercing the veil

A quick definition of out-of-pocket expenses:

Out-of-pocket expenses are the costs that someone has to pay for necessary things that are not already covered by an agreement. These expenses can be recovered from someone who has broken a contract, or they can be reimbursed by someone who is responsible for paying them. For example, a landlord might deduct out-of-pocket expenses from a tenant's security deposit if the tenant caused damage beyond normal wear and tear.

A more thorough explanation:

Out-of-pocket expenses

Out-of-pocket expenses refer to the money that is paid directly by a contractor, trustee, executor, administrator, or any person responsible for necessary items that are not detailed by agreement. These expenses may be recoverable from a defendant in a lawsuit for breach of contract, allowable for reimbursement by trustees, executors, or administrators, or deductible by a landlord from a tenant's security deposit for damages beyond normal wear and tear.

  • A contractor may have to pay for additional materials that were not included in the original agreement.
  • An executor may have to pay for funeral expenses for the deceased.
  • A landlord may deduct the cost of repairing damages caused by a tenant from their security deposit.

These examples illustrate how out-of-pocket expenses can arise in different situations and how they are not covered by the original agreement or contract. They are expenses that are necessary to complete a task or fulfill a responsibility, but they are not explicitly stated in the agreement. Therefore, the person responsible for these expenses must pay for them out of their own pocket.

ordinary | owe

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General chat about the legal profession.
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[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
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