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LSDefine

Simple English definitions for legal terms

periodic payment

Read a random definition: motion for relief from stay

A quick definition of periodic payment:

A periodic payment is when someone pays a little bit of money over time instead of paying all at once. For example, instead of paying for a toy with one big payment, you might pay a little bit of money each week until you have paid for the whole toy. This is different from a lump-sum payment, which is when you pay all the money at once.

A more thorough explanation:

A periodic payment is a payment that is made over a period of time instead of a one-time payment for the full amount. It is one of a series of payments made over time. This is different from a lump-sum payment, which is a payment of a large amount all at once.

Examples of periodic payments include:

  • Monthly mortgage payments
  • Car loan payments
  • Installment payments for a purchase

These examples illustrate the definition of periodic payment because they are payments that are made over a period of time, usually in equal amounts. For example, a monthly mortgage payment is a periodic payment because it is made every month for a set period of time until the loan is paid off.

periodic estate | periodic-payment-plan certificate

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brookyln law portal just added person id and application id for me, what does it mean??
Dkk
12:52
@VolatileClumsyAcolyte: well someone got an A so maybe an A
just checked the reddit, apparently it means nothing..
HAPPY FRIDAY HAPPY UCLA DAY
what time would they release cuz west coast
BulbasaurNoLikeCardio
12:54
I hate that Vanderbilts portal gives no status
HopefullyInLawSchool
12:54
@VolatileClumsyAcolyte: did you apply YM to Brooklyn?
JumpySubsequentDolphin
12:57
@SplitterusClitterus: THEY BETTER HAVE AN A WAVE TODAYYY
glovediedthisishismom
12:57
kendrick lamar
glovediedthisishismom
12:57
album
JumpySubsequentDolphin
12:57
I think usually they release at like 1ish?
JumpySubsequentDolphin
12:57
@glovediedthisishismom: GNXXXX
babycat
12:59
I heard if you apply YM at Brooklyn specifically it’s the equivalent of like a 5 LSAT point boost
HopefullyInLawSchool
13:00
^^^^This
13:00
does anyone have any information on lsu? I have only heard of 1 person getting a decision and its driving me insane
HopefullyInLawSchool
13:01
Just info on their YM applications but nothing else
HopefullyInLawSchool
13:02
@BeFree03:
13:04
yeah thats all i am seeing as well. i have literally looked everywhere trying to find at least a time of day for decisions but theres nothing
CuriousPanda2362
13:04
I feel like it’s the calm before the storm
CuriousPanda2362
13:05
Big movement are bound to happen soon but it’s so eerily quiet
HopefullyInLawSchool
13:05
^^^^Me taking a dookie
CuriousPanda2362
13:05
Lmao
babycat
13:06
Ehh I think schools will prob release information on their YM applicants first before they even get to RD
babycat
13:06
I wouldn’t expect RD applicants to hear anything until after Thanksgiving bc they prioritize YM so heavily
HopefullyInLawSchool
13:06
I heard theyll do that at LSU but not 100% sure
2big2fail
13:09
berkeley status checker is so funny
13:11
berk today will be Huge if it happens
2big2fail
13:12
i think berkeley next wave will be in december
13:13
that is probable i just have a funny where i say “berk today” every single day
2big2fail
13:13
makes sense
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