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LSDefine

Simple English definitions for legal terms

put

Read a random definition: droit de naufrage

A quick definition of put:

A put option is a type of financial contract that gives the holder the right, but not the obligation, to sell a certain amount of securities, commodities, or other assets at a fixed price within a specified time. This means that if the market declines, the holder can still sell at the fixed price. It is the opposite of a call option, which gives the holder the right to buy at a fixed price. There are different types of options, such as American and European options, and they can be used for speculative purposes or as part of a larger investment strategy.

A more thorough explanation:

Definition: A type of option contract that gives the holder the right, but not the obligation, to sell an asset at a predetermined price within a specified time period.

Example: John holds a put option for 100 shares of XYZ stock at a strike price of $50 per share. If the stock price drops below $50 before the expiration date of the option, John can exercise his right to sell the shares at $50 each, even if the market price is lower.

This example illustrates how a put option can be used as a form of insurance against a drop in the value of an asset. By purchasing a put option, the holder can limit their potential losses if the market price of the asset falls below a certain level.

Pushman doctrine | putative father

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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