LSDefine

Simple English definitions for legal terms

registered stock

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A quick definition of registered stock:

Registered stock is a type of investment that shows ownership in a company. It is a piece of paper that proves you own a part of the company and can make money if the company does well. It is different from other things people buy because it doesn't have value on its own, but depends on how well the company does.

A more thorough explanation:

Registered stock is a type of investment that shows the holder's ownership rights in a company. It is a type of security, which is a type of collateral given to guarantee the fulfillment of an obligation.

For example, if you buy registered stock in a company, you become a part-owner of that company. You have a right to vote on important decisions and you may receive a share of the company's profits in the form of dividends.

Registered stock is different from other types of stock because it is registered in the name of the owner. This means that the company knows who owns the stock and can communicate directly with them. It also means that the stock cannot be easily transferred to someone else without the company's knowledge.

Overall, registered stock is a way for people to invest in a company and potentially earn a return on their investment.

registered security | registered tonnage

General

General chat about the legal profession.

General >T14 Off Topic

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manifestmoreadmissions

10:18

for those of you wondering if admissions offices are working today i got an email from an adcomm today responding to something i sent earlier in the week

GoodUnbecomingMacaque

11:30

What does an interview for a transfer student at george mason mean?

trees1234567

12:02

JB was here yesterday dang it!!

LegalUsername

12:05

Are law schools open today or do they also have another day off considering it's sandwiched between July 4th and the weekend?

lawnfire2896

12:57

they're open

AboardCloisteredAvatar

14:09

is wash u open

menherachan

14:32

@HangingAboriginalLeopard: my lsat is a 168, but i got the fordham wl this cycle. i applied to it as a safety, so im kinda surprised about the wl

lawnfire2896

14:46

washu is open

amlaw

14:57

vanderbilt clearly is

AboardCloisteredAvatar

15:14

Why clearly lol

amlaw

15:17

two acceptances today

AboardCloisteredAvatar

15:19

what !! Crazy

manifestmoreadmissions

15:32

oh congrats to the vandy admits!!!

TacitSplendidShrew

17:08

Hi everybody, I am applying to schools this August. I could use some brief help with optics for my personal statement, as I am a first-gen student in every regard--even at the high school graduate level.

trees1234567

17:17

what help are you looking for!

trees1234567

17:17

happy to give advice if helpful

darthaifos33

22:42

Hey Everyone, I am also applying this cycle and have a question about my personal statement. I want to become a lawyer because of a personal trauma I experienced in the past. Is this too sensitive of a topic to mention in a PS? I won't go into detail and only mention it as it relates to my inspiration to be a lawyer.

[] ararara

23:18

Yo! LSD has an AI consultant named Molly to help detect for red flags and trauma dumping in personal statements. You can try it at no charge by signing up for a free trial of LSD+. Think it gives you like two weeks for free or something though so be mindful of how advanced you are in PS drafts. Might want to time it so you have access when it’s most important.

[] ararara

23:20

@darthaifos33: this is just my opinion but I think it’s important to try and keep things positive if you can because it will reflect well on you if you can. I’ve been fortunate to read a lot of PSs as an lsat tutor and I’ve gotta say there is a lot of darkness in the world. It’s cliche but that’s the perfect time for your heart to shine through! Also, always keep in mind you’re applying to a professional school so there has to be that relevance I think.

[] ararara

23:22

Even though it’s impossible try to imagine a bunch of candidates who have had it way harder than what you’re saying but are also big about it. That’s why I think it looks better to be positive if you can about trauma even though it can be hard af.

darthaifos33

23:53

Of course! I plan to positvely weave it through my narrative and relevant professional experience in a way that isn't too dark or anything like that. I just wasn't sure if it was a big taboo or anything like that

[] ararara

0:00

@TacitSplendidShrew: @darthaifos33 https://drive.google.com/drive/mobile/folders/1jsyd1Mq8RlyMVqli_BW9z1uxY2SzNtFK?sort=13&direction=a definitely try molly and check this link out as well! The only thing about molly is some apps ask if you used AI to write your statement so be mindful of what they’re asking/what you’re using molly for!

manifestmoreadmissions

9:44

is LSDs AI assistant being named molly on purpose

KimchiQueen

10:25

@manifestmoreadmissions: OMG LOL

KimchiQueen

10:26

@manifestmoreadmissions: OMG LOL

LegalUsername

10:26

lol

darthaifos33

14:23

am I considered KJD if I am applying the summer right after May graduation?

KnowledgeableRitzyWasp

15:25

no because you’ll have a full year before you start school

AboardCloisteredAvatar

15:27

Omg lol who cares

Dkkm11

17:09

In my opinion thats close enough @darthaifos33

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