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Simple English definitions for legal terms

redemption price

Read a random definition: offer for sale by tender

A quick definition of redemption price:

Redemption price: The amount of money that needs to be paid to redeem or buy back something. It is the price that must be paid to regain ownership or possession of something that was previously sold or given away.

A more thorough explanation:

Definition: The price at which a security or bond can be redeemed or bought back by the issuer.

Example: Company XYZ issued bonds with a face value of $1,000 each and a maturity date of 10 years. The redemption price of the bonds is set at $1,050, which means that after 10 years, the bondholders can redeem their bonds for $1,050 each.

Explanation: The redemption price is the amount that the issuer of a security or bond agrees to pay to the holder when the security or bond is redeemed or bought back. In the example, the redemption price of $1,050 is higher than the face value of $1,000, which means that the bondholders will receive a premium for holding the bonds until maturity.

redemption period | redemptio operis

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

Dkk

19:26

It needs more alcohol. You tingle when your nerves need watering.

cheriebomb

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.

llama

20:48

what.jpg @Dkk

CynicalOops

21:03

You think you just fell out of a coconut tree?

jackfrost11770

21:10

nope dk

llama

21:17

https://www.youtube.com/watch?v=z7_5nHIbsjo i love K Harris <3

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

chickenburgahfart

23:39

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.

chickenburgahfart

23:51

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.

BulbasaurNoLikeCardio

7:51

@texaslawhopefully: best prices and only fast food that doesn't make me sick

chickenburgahfart

9:46

matt gaetz ethics report released

chickenburgahfart

9:46

paid for sex with a junior in high school

chickenburgahfart

9:46

guarantee people still defend him

BulbasaurNoLikeCardio

9:51

I only read headlines and skimmed a random article of it since I am the only one at work this week. Seems like he is Republican Hunter Biden but not at the paying rent with poop paintings stage

ImpartialLion

9:55

Sent in my transcript at 6 am today and it’s processing. Think it will be processed before lsac closes tmrw?

BulbasaurNoLikeCardio

9:58

I would say it is a toss up, for how much LSAC charges us for everything they are extremely efficient in processing and sending stuff out BUT with a 30% uptake in applicants and the holidays it may be significantly slower unless it is ran through and processed by a computer program. Even if it takes them longer to process it, not like there is anyone at a school to request and review it after LSAC does their thing

SplitterusClitterus

10:04

Do we know if any of the t14 open at all this week

VolatileClumsyAcolyte

10:24

just called Fordham. they said there will be decisions going out today

VolatileClumsyAcolyte

10:24

so congratulations on pre xmas waves

BulbasaurNoLikeCardio

10:27

Hope schools are chill and just send As leaving the Rs for next month lol

soap

10:49

Fingers crossed for good luck today

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