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Simple English definitions for legal terms

remargining

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A quick definition of remargining:

Term: REMARGINING

Definition: Remargining is when you have a special account with a broker to buy stocks with borrowed money. If the value of the stocks you bought goes down, you might not have enough money left in the account to pay back the loan. When this happens, you need to put more money or other valuable things into the account to make sure you can pay back the loan. This is called remargining.

A more thorough explanation:

Definition: Remargining is a term used in the securities industry to describe the process of depositing additional cash or collateral with a broker when the equity in a margin account falls to an insufficient level.

For example, let's say an investor has a margin account with a broker and has purchased $10,000 worth of stock. The investor has put up $5,000 of their own money and borrowed the remaining $5,000 from the broker. If the value of the stock falls and the equity in the account drops below a certain level, the broker may require the investor to deposit additional funds or securities to bring the account back up to the required level. This process is known as remargining.

Another example could be an investor who has a margin account with a broker and has purchased $20,000 worth of stock. The investor has put up $10,000 of their own money and borrowed the remaining $10,000 from the broker. If the value of the stock falls and the equity in the account drops below a certain level, the broker may require the investor to deposit additional funds or securities to bring the account back up to the required level. This process is also known as remargining.

These examples illustrate how remargining works in the securities industry. It is important for investors to understand the risks involved in trading on margin and to be prepared to deposit additional funds or securities if necessary to avoid a margin call.

remanet | remarry

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i only did optional essays if i thought they would add something to my app i wouldn't have otherwise
so eg i didn't do a separate DS for most schools because i talk about my identity and life experiences and shit in my personal statement so it would've been redundant
for schools that have specific prompts like duke i did them
Yeah because I mean I could talk about my religious background but I feel like it may just fall flat since I've done two options on personal experience and I dont' have any other work experience that relates to it. I just don't want it to harm me that I didn't tell them as much about my self as I could with all the statements but I'm just not sure it'll sound authentic -- even if I am passionate about my faith. So I'm heavily leaning to skip it.
i think if you only briefly mention it in your personal statement and you really talk about things like how it influences your woldview for example or how it shapes your future plans and why you want to go into law (if that's not something you talk about in your PS) that's a very solid DS
That's true. I think I should a least write a draft then to see how I feel about it. :3
if it adds to who you are as a person and why you're motivated to purse things then it's something that is valuable for adcomms to know and it comes off as genuine because it is
Honestly I wouldn't stress too hard about essays. Most essays exist purely to determine whether or not you can write, so unless you're the 1% who writes the greatest essay they've ever seen, or the 1% who writes the worst essay they've ever seen, it is not going to be the deciding factor except in the most niche of tiebreaker scenarios.
Okay!
Which is not to say you shouldn't put effort into them and make them as strong as possible, but don't let it keep you up at night is basically what I'm getting at
14:01
Anyone think Davis will o an R wave tomorrow?
14:01
do^
WorthlessAttractiveZombie
14:02
Honestly, it may be an R/WL wave tomorrow
WorthlessAttractiveZombie
14:02
I am not feeling great tbh
14:02
Hastings did that at the beginning of the week
HopefullyInLawSchool
14:02
Me either
Hastings did the most insane YP I've ever seen this week lol
14:03
I just cant remember if thats how Davis did it last year
WorthlessAttractiveZombie
14:03
I applied Sept 1, and people who applied after me are getting decisions so....
we thinking GULC wave today?
HopefullyInLawSchool
14:03
@Skydog1969: They might be only releasing results for YM right now
14:03
could just be that you are not an automatic yes or no, but maybe they want to look at your app more. Don't lose hope
gonna get a virtual spray bottle
14:04
true that could be it
WorthlessAttractiveZombie
14:04
@Skydog1969: yeah, I am not a California resident so I technically have no reason to be applying there
HopefullyInLawSchool
14:04
im a resident so for me even scarier
14:05
@WorthlessAttractiveZombie: My legal address says I am from NJ but I live in CA.
14:06
I have no business applying based on my stats but its where I went to undergrad
14:07
Has anyone not heard back from any schools and is pushing two months in a couple weeks?
Wait gulc wave would go crazy
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